Renewable Energy· IPP / PPP

Geothermal Pilot Development

50 MW national potential

50 MW of identified geothermal potential — a base-load renewable to complement Zimbabwe's solar, wind and hydro pipeline.

Geothermal Pilot Development
Overview

The prospectus identifies approximately 50 MW of geothermal potential as part of Zimbabwe's diversified energy mix. Geothermal offers firm, dispatchable renewable base load — a useful complement to variable solar and wind.

Investment Opportunity

Partner with government under an IPP or PPP structure to fund resource exploration, drilling and plant construction, with power sold into ZETDC on a cost-reflective tariff approved by ZERA.

Independent Power Producer (IPP)Public Private Partnership (PPP)BOOT
Market Opportunity

Zimbabwe's electricity demand.

Demand-supply gap
~1,100 MW
Between 2,600 MW built supply and ~1,500 MW average generation.
Mining sector demand
2,000 MW by 2025
Intensive-energy users led by mining houses and manufacturers.
Industrial capacity
60% utilisation
Manufacturing constrained by power availability.
Agricultural capacity
50% utilisation
Irrigation and agro-processing require reliable base load.
Corporate off-takers
100+ intensive users
Mining and manufacturing companies open to direct PPAs.
Why Invest

Why Zimbabwe's energy market.

50 MW of identified geothermal resource.

Firm base load, complementary to solar and wind.

Eligible for BOT/BOOT tax holidays.

Duty-free importation of renewable energy technologies.

Infrastructure & Resource Base

Existing grid and generation potential.

Built Supply
2,600 MW installed capacity
Current Generation
~1,500 MW average
2030 Demand
>4,000 MW required (Vision 2030)
Solar Potential
109 GW · among Africa's highest irradiation
Wind Potential
39 GW
Hydro (Zambezi)
5 GW
Mini-Hydro
150 MW across inland water bodies
Geothermal
50 MW
Energy Imports
Balance imported from ESKOM (South Africa), HCB & EDM (Mozambique), ZESCO (Zambia)
IPP Tariff Range
USD 0.06 – 0.12 / kWh to ZETDC · unregulated for private off-takers
Investment Incentives

Fiscal and regulatory incentives.

01
Tax holidays for BOT and BOOT deals
02
100% repatriation of profits
03
Duty-free importation of selected Renewable Energy Technologies
04
Duty-free importation of energy-generating equipment
05
Government guarantees for non-expropriation
06
Newly updated Renewable Energy Policy (2023) and gazetted Carbon Credit Policy (2023)
Approval Process

The IPP investment pathway.

ZIDA's One Stop Investment Services Centre (OSISC) handholds investors through onboarding, establishment and aftercare.

  1. 01
    Land Acquisition
    Ministry of Lands, Agriculture, Fisheries, Water & Rural Development; Ministry of Local Government & Public Works; or private landowner
  2. 02
    Company Registration
    Registrar of Companies
  3. 03
    Business Plan & Feasibility Study
    Investor
  4. 04
    Grid Impact Assessment (GIA)
    ZETDC
  5. 05
    Environmental Impact Assessment
    Environmental Management Agency (EMA)
  6. 06
    Investment Licence
    ZIDA
  7. 07
    Generation Licence
    ZERA
  8. 08
    Power Purchase Agreement & Tariff
    ZETDC or private off-takers
Register Interest

Register interest in Geothermal Pilot Development.

Submit your details to receive the full information pack and arrange an introduction with power sector counterparts, ZETDC and ZERA. Every enquiry is reviewed personally by the Invest Zimbabwe team.

Contact Invest Zimbabwe
investors@investzimbabwe.co
Response time
Within one business day
For institutional & IPP investors
Infrastructure funds, utilities, DFIs and sovereign wealth
Enquiry regarding
Geothermal Pilot Development
Renewable Energy · IPP / PPP

Confidential. We never share your details with third parties.