Centragrid founder Victor Utedzi is championing Zimbabwe’s transition to renewable energy with a series of large-scale projects, including solar and hydroelectric plants, aimed at powering the nation’s industries and decarbonizing its economy.
Following the successful expansion of Centragrid’s Nyabira solar plant to 25MW, Utedzi unveiled a range of projects designed to meet the energy demands of Zimbabwe’s key industries. Among these are a 15MW hydroplant at Tugwi-Mukosi Dam and two solar plants for PPC, with capacities of 12MW in Bulawayo and 24MW at Colleen Bawn.
Additionally, a 100MW solar plant for Afrochine ferrochrome producers and another 100MW plant for Dinson Steel are under construction, backed by 25-year power purchase agreements (PPAs).
These projects aim to support energy-intensive industries while aligning with global decarbonization efforts. Utedzi highlighted the role of development finance institutions (DFIs) in providing long-term financing, with rates falling below 10% per annum, making Zimbabwe increasingly attractive for renewable energy investments.
Centragrid delivered its first 2.5MW solar plant in 2019, marking a decade of effort to establish solar energy in Zimbabwe. The company has since expanded its operations, becoming a leader in renewable energy. Utedzi also represents Zimbabwe in global decarbonization initiatives, including the Global Alliance for Industry Decarbonization.
