Zimbabwe Nears 400 Million Deal for 500MW Floating Solar Project: State Media
15:09 29.06.2026 (Updated: 15:24 29.06.2026)
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Zimbabwe Nears $400 Million Deal for 500MW Floating Solar Project: State Media
The project, led by Green Hybrid Power and financed by Afreximbank, includes:
▪ floating solar station;
▪ battery storage;
▪ transmission lines.
The solar station is set to:
▪ boost power supply;
▪ create jobs;
▪ support industries transitioning to green energy.
The floating solar facility is to occupy ~ 0,2% of Lake Kariba's surface area and coexist with fishing, tourism, and transport.
Zimbabwe's current daily generation of 1,500–1,800 MW lags behind peak demand of 2,200 MW, prompting a government target of 2,100 MW in renewable capacity by 2030.
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