More than 1.8 million photovoltaic panels installed over 146 modular floating units would be used for the project on Lake Kariba if it went ahead, according to an official report that was prepared for the state’s power utility and potential private equity funders by the company. The civil engineering works would cost US$186 million and installation US$801 million, according to China Energy.
Zimbabwe is facing an acute electricity shortages that have resulted in blackouts lasting about 12 hours a day, because low water levels have stifled generation from a hydropower plant on Lake Kariba. The problem has been exacerbated by frequent breakdowns at the Hwange thermal power station.
China Energy has installed floating panels on China’s Dingzhuang River and in Thailand, it said in the presentation. Interest in such installations, which avoid competition for land and have the potential to reduce evaporation from reservoirs, have increased in recent years, according to the International Energy Agency.
The Kariba report was prepared for Zimbabwe Power Co., CDF Trust Ltd., Energy China Ltd., and the Intensive Energy Users Group, which comprises mining companies and other big electricity consumers. It envisions mining operations eventually tapping power from the project, which would help the country reduce its carbon emissions. – Bloomberg
(104 VIEWS)
The Zimbabwe Gold fell against the United States dollar for five consecutive days from Monday…
An Indian think tank has described Starlink, a satellite internet service provider which recently entered…
Zimbabwe’s new currency, the Zimbabwe Gold (ZiG), firmed against the United States dollars for 10…
Zimbabwe is among the top 30 countries in the world with the widest gap between…
Zimbabwe’s battered currency, the Zimbabwe Gold, which was under attack until the central bank devalued…
Plans by the ruling Zimbabwe African National Union-Patriotic Front to push President Emmerson Mnangagwa to…