By Times Live
JOHANNESBURG: Matshela Energy, owned by former Eskom CEO Matshela Koko, has concluded a power purchase agreement with the Zimbabwe Electricity Transmission and Distribution Company for a solar power plant.
In a statement announcing the deal, Matshela Energy MD Koko said delivering a 100MW solar power plant with 40MWh of battery storage will be “one of the largest renewable energy and storage [projects] in Zimbabwe and the region”.
The Zimbabwe Energy Regulatory Authority (Zera) granted Matshela Energy a generation licence in 2019 to construct, own, operate and maintain the plant at Gwanda in Matabeleland south.
Under the power purchase agreement, the company will produce 100MW solar energy for Zimbabwe’s national grid when complete.
“We have come a long way since we started with this project. We shall not falter. The people of Gwanda have been good to…