ZIMBABWE has secured US$3,2 million from the African Development Bank (AfDB) to develop renewable energy sources, as the country grapples with an acute power crisis, the Zimbabwe Independent has learnt.
Energy and Power Development permanent secretary Gloria Magombo said this week the funding would primarily go towards wind-powered energy projects.
She said consultants from the continental lender were in the country to assist in developing the projects.
“We have a programme which is being funded by the African Development Bank. We have already got international consultants who are in the country doing these projects,” Magombo said.
“There are five contracts over the money, which we were given by the African Development Bank. There is also a project for Zera (Zimbabwe Electricity Regulatory Authority), for the regulatory accounting system, for licenced companies.
“They are designing a system where all companies, which are licenced by Zera can then come up with a common reporting framework.
“The fifth project is the one for the wind resource assessment. The total amount is US$3,2 million.”
Zimbabwe has faced energy challenges in recent years, including power outages and inadequate infrastructure. The country has struggled to meet its energy demands, resulting in frequent power cuts and disruptions to businesses and households.
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Magombo also said some of the projects they were supporting were focused on auditing how the country was utilising available energy sources.
