RioZim has contracted Spanish-Japanese renewable energy company Univergy International and power firm RioEnergy to develop, build, operate and maintain four solar PV plants totalling more than 180MW capacity to supply cheaper power to four of the country’s largest mines, according to a filing on the Zimbabwe Stock Exchange (ZSE).
Through a power purchase agreement (PPA), Renco Mine in Nyajena, Dalny Mine in Chakari, Cam and Motor Mine in Kadoma, and Murowa Diamonds Mine in Zvishavane, will all receive power from the solar projects, each with a capacity of around 45MW.
Currently, Univergy is active in Japan, India, Bangladesh, Vietnam, Korea, Taiwan, Colombia, Mexico, Argentina, Spain, the Netherlands, France, Italy, Zimbabwe and Togo, with a portfolio of more than 2.6GW. RioEnergy uses various power sources including coal, hydro and solar. RioZim produces gold, diamonds, coal, chrome, nickel and copper.