Incentive For Solar Energy Investors On The Cards
15 July 2019
Spread the love

By A Correspondent- Government is crafting an incentive to promote investments into solar energy to reduce pressure on grid electricity, whose generation is currently depressed due to low water levels in Kariba Dam.

This was said by Energy and Power Development Minister Advocate Fortune Chasi in an interview with The Herald last week.

The move comes at a time when the country is contending with low power generation from Kariba South Hydro Plant due to low water levels, resulting in rolling power outages lasting up to 12 hours in some areas.

Similarly, Hwange Thermal Power Station’s generation units are now old and require regular maintenance to ensure steady power generation.

Minister Chasi believes the current challenges at both Kariba and Hwange Thermal power stations require incentivising solar energy investments so that the country takes advantage of the over 300 days of sunshine per year.

“We don’t make solar panels or any other solar equipment, so they have to be bought at those (obtaining) prices,” he said. “But what we are actively looking at now is how we can incentivise investments into solar.

“So, we are currently looking at that. Once we are clear on the incentive, we will then be able to communicate to the public.”

Finance and Economic Development Minister Professor Mthuli Ncube conceded last week that it was time Zimbabwe embraced renewable energy, especially solar.

“We have been too slow in embracing renewable energy sources, we have so much sunshine, why can’t we have solar farms,” he said.

Experts say Zimbabwe has an average radiation level of 2 100kw/m2 per year, compared to 1 400kw/m2 in most parts of Europe, but the country is not exploiting the sun for the benefit of industry and domestic consumers.

If fully exploited, solar could feed up to 10 000 gigawatt hours of electricity per annum into the grid.

Minister Chasi wants most institutions, including airports, to be powered by solar to reduce dependence on grid electricity.

“We also think that airports are good candidates for solar power,” he said. “So, I will be engaging the Ministry of Transport in that connection.

“This (drive to adopt solar) is not only confined to airports, but we would like to encourage all entities to invest in solar power to assure themselves of uninterrupted power supply and business continuity.”-StateMedia