Zimbabwe Businesses "Turn To Alternative Sources Of Energy"

3 years ago
Thu, 07 Nov 2019 01:34:33 GMT
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Zimbabwe Businesses "Turn To Alternative Sources Of Energy"

Businesses in Zimbabwe are turning to alternative power solutions as the power situation in the country remains both discouraging and uncertain.

Zimbabwe has a huge power deficit that has seen the local power utility, ZESA rolling out a crippling load-shedding schedule that has seen most parts of the country going without power for an average of 18 hours daily.

Power cuts have affected all sectors of the economy including the telecommunications sector, mining, retail, and construction.

Speaking to The Herald Finance and Business in an interview, Charles Msipa, the chief executive of Schweppes

We are likely to have energy deficits for some time and it is high time that we should turn to alternative sources of energy such as solar.

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Upfront (investment) is high but overtime is sustainable.

Schweppes, one of the largest beverages firm is set to commission its 1 MW rooftop solar plant on November 25.

Power shortages in the country are attributed to ageing equipment at the Hwange Power Station and dwindling water levels at Kariba Dam.

More: The Herald



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