Solar· Independent Power Producer (IPP) Featured

Utility-Scale Solar IPP

50 – 500 MW per site · 109 GW national potential

Grid-scale photovoltaic development in one of Africa's highest-irradiation markets — 109 GW of national solar potential open to Independent Power Producers.

Utility-Scale Solar IPP
Overview

Zimbabwe is facing depressed power generation, with the main sources of electricity (hydro and thermal) inadequate and unreliable, leading to frequent load shedding. Solar irradiation is fairly high with capacity to generate 109 GW, presenting a first-mover opportunity for IPPs to develop utility-scale plants and sell power directly to ZETDC or to intensive energy users such as mining companies.

Investment Opportunity

Investors develop, own and operate utility-scale PV plants. Land may be purchased outright or leased from local individuals. Power can be sold to ZETDC on a cost-reflective tariff approved by ZERA, or negotiated directly with intensive energy users under an unregulated bilateral PPA. Structures include IPP, PPP, BOO and BOOT arrangements — with BOT/BOOT deals benefitting from tax holidays.

Independent Power Producer (IPP)Public Private Partnership (PPP)BOOBOOT
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.

One of Africa's highest solar irradiation levels (long-term PVOUT up to ~1,899 kWh/kWp annually).

109 GW of untapped solar generation potential across the country.

Structural deficit: ~1,100 MW gap between built supply and actual generation.

2,000 MW of mining sector demand by 2025 — captive off-take available.

Duty-free importation of renewable energy technologies and generating equipment.

Tax holidays for BOT and BOOT deals, plus 100% profit repatriation.

Government guarantees against non-expropriation and updated Renewable Energy Policy (2023).

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 Utility-Scale Solar IPP.

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
Utility-Scale Solar IPP
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