Zimbabwe announces incentives for 1 GW of IPP solar projects

The Zimbabwean government has agreed to guarantee viable power tariffs to 27 solar projects by independent power producers (IPPs). Developers are set to build 997.9 MW of capacity, with a total investment of around $1 billion.Zimbabwe has announced a government implementation agreement (GIA) to expedite the commissioning of 27 solar IPP installations. The 1 GW of projects range from 5 MW arrays to 100 MW solar parks and will cost about $1 billion in total. The government has promised to help make the IPP projects bankable. The GIA includes a project development support agreement, a power purchase ...

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