MARKET / ZIMBABWE
#14Continent rank
17Deals tracked
$570mCapital tracked
2,511 MWPipeline
57 MWOperational (tracked)
1,250 MWInstalled RE (2024, IRENA)
62%Electricity access (2024, World Bank)
$51.2bnGDP (2025, World Bank)
0.97%RE capital / GDP (12M)

Market primer

structure, counterparties and bankability context
Region / power poolEastern Africa · SAPP
Main offtakerZETDC
RegulatorZERA
PPA frameworkNot yet researched
Currency / convertibilityUSD/ZWG · Not yet researched
GDP per capita$3,021 (2025, World Bank)
Sovereign ratingsMoody’s · S&P · IMF DSA
Last updatedpending

Installed renewables

20152024, MW (IRENA)

Deals

every row source-linked
DateDealType$mConf
2026-06-03SADC green mining initiativegrant17B
2026-05-21Dete Solar Mini-Gridgrant0A
2026-05-12ZESA Power Trading and Utility Stabilizationcorporate_debt210A
2026-03-30Kariba floating solar projectgrant4A
2026-03-30Vungu Solar Projectguarantee_facilityC
2026-03-24Mater Dei Hospital Solar/BESS Plantgrant1A
2026-02-13Inox-RJ Corp Africa Platform (Acquisition of Skypower Services MENA Ltd)maA
2026-01-19Marondera Solar Projectequity_raise160A
2025-11-30POSB Zimbabwegrant9B
2025-11-10RETRADE SAPPgrant12A
2025-10-30Zimplats Solar Phase 2Aproject_finance54A
2025-10-14POSB Zimbabwecorporate_debt9B
2025-10-10Grid Africa Distributed Solar-plus-Storage Programmeequity_raise14A
2025-08-31Zimbabwe 1 GW Floating Solar PV Projectproject_financepledge4B
2025-08-11Green Hybrid Power Private Limitedcorporate_debt4B
2025-03-24NeedEnergycorporate_debt1B
2025-02-07Zimbabwecorporate_debt75B

Project pipeline

ProjectTechMWStatus
IEUG Giga-scale Floating SolarSolar1,000early_development
Kariba floating solar projectSolar500late_development
Marondera Solar ProjectSolar150late_development
Matobo Renewable Energy ProjectOther130early_development
Econet InfraCo Industrial ParkSolar100late_development
Munyati Solar PlantSolar100construction
PLZ Solar Power StationSolar70construction
DPA Godavery Farm Solar PlantSolar50early_development
DPA Harare Solar PortfolioSolar50early_development
Dolcin Trading 50 MWac Solar PV PlantSolar50ppa_signed
ZimGreenCo 50MW Solar PlantSolar50ppa_signed
Zimplats Phase 2A Solar PlantSolar45construction
Manhize Steel Solar PlantSolar40operational
Karo Platinum Solar PlantSolar30early_development
PPC Zimbabwe Solar Energy ProgrammeHybrid30late_development
Vungu solar projectSolar30ppa_signed
Gairezi Hydropower ProjectHydro30stalled
Innscor Group Solar ExpansionSolar25early_development
Grid Africa Distributed Solar-plus-Storage ProgrammeHybrid20financing
Glovers Solar Phase 1Solar11operational
Unki Mines Solar PV PlantSolar11early_development
Runtu Mining 10 MW Solar Power PlantSolar10construction
SANY 10 MW Solar PV Project (Zimbabwe)Solar10construction
Solgas Hwange Solar Plant ExpansionSolar10early_development
Gutu Solar PlantSolar5early_development
NUST 5 MW Solar FarmSolar5late_development
National Foods Aspindale Rooftop Solar PV ProjectSolar3operational
Tobacco Processors Zimbabwe Rooftop Solar ProjectSolar2operational
Katiyo Estate Solar PlantSolar1operational
Mater Dei Hospital Solar/BESS PlantHybrid1operational
Cresta Lodge Solar PlantHybrid1construction
Dete Solar Mini-GridSolar0operational

Tariffs & policy

2026-06-26Minerals-backed infrastructure financing framework
Ministry of Finance, Zimbabwe
2026-02-25Raw Mineral and Lithium Concentrate Export Ban
Government of Zimbabwe
2026-01-28Zimbabwe-India Energy Cooperation Framework
Ministry of Energy and Power Development
2026-01-27National Household Solar Generation Audit
Zimbabwe Energy Regulatory Authority (ZERA)
2025-10-29End of ZESA Monopoly – Electricity Distribution Liberalization Policy
ZERA; ZETDC
2025-10-29Transparent Competitive Bidding Framework for Power Projects (2025)
ZERA; Ministry of Energy and Power Development
2025-10-29National Energy Compact (Mission 300) – 2025–2030
MoEPD; ZERA; ZESA Holdings; REF; Mutapa Investment Fund
2025-10-02Grid Modernization and Private Investment Framework
Ministry of Power and Energy Development
2025-05-01National Energy Efficiency Policy
Government of Zimbabwe (Launched by Vice-President Constantino Chiwenga), Ministry of Energy (implementation tracking, enabling environment for finance)
2019-01-01Renewable Energy Policy
Ministry of Energy and Power Development

Recent coverage

from the archive
2026-07-13Zimbabwe: Chinese lithium miner builds utility scale PV plant
builds on prior coverage — trace "builds" in Storyline for the history
2026-07-09Zimbabwe’s solar revolution: Bright promise or missed opportunity? How successes, setbacks, and environmental realities are shaping the country’s renewable energy future
builds on prior coverage — trace "promise" in Storyline for the history
2026-07-07Zimbabwe lights back up after nationwide grid collapse
builds on prior coverage — trace "nationwide" in Storyline for the history
2026-07-07Zimbabwe Restores Electricity Following Nationwide Blackout Triggered by Transmission Line Fault
builds on prior coverage — trace "Fault" in Storyline for the history
2026-07-07Zimbabwe restores power after national grid collapse
builds on prior coverage — trace "collapse" in Storyline for the history
2026-06-26Zimbabwe exploring minerals-backed deals with China to fund infrastructure - MINING.COM
Zimbabwe is exploring resource-backed debt instruments with China to finance infrastructure, a move that could impact the development of energy-intensive mining and logistics projects.
2026-06-21ZimGreenCo signs 25 year PPA for 50 MW solar plant in Zimbabwe
ZimGreenCo has secured a long-term PPA for a 50 MW solar project in Zimbabwe, marking a significant step toward project financial close.
2026-06-19ZimGreenCo and Dolcin Trading sign a 25-year power purchase agreement for one of Zimbabwe’s largest grid-connected renewable IPPs
The signing of a 25-year PPA for the 50MW Dolcin Trading solar project marks a significant milestone for Zimbabwe's open-access electricity market, demonstrating that private IPPs can secure bankable revenue without relying on sovereign guarantees.
2026-06-17Why China’s future industries strategy matters for Zimbabwe and Africa
2026-06-16Zimbabwe turns to its precious metals and critical minerals to shield itself from the US war
2026-06-03South Africa looks to Zimbabwe’s ethanol model as biofuel gains strategic importance - ChiniMandi
2026-06-03Zimbabwe to benefit from US$17 million SADC green mining initiative
2026-05-27Government of Zimbabwe Commissions Dete Solar Mini-Grid in Partnership with UNDP - PAN AFRICAN VISIONS
The commissioning of the 120kW Dete Solar Mini-Grid in Zimbabwe demonstrates a successful blended-finance model using UNDP viability gap funding to accelerate rural electrification.
2026-05-25Will Zimbabwe’s lithium strategy help it break into the value-adding game?
2026-05-25Zimbabwe eyes $21 billion mineral export boom as mining firms prepare massive hiring drive
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