RioZim has signed a $200 million deal with the China Gezhouba Group to build several solar power plants. The infrastructure will have a combined capacity of 178 MW. They will feed the operations of the mining group. The plants will be located in Zimbabwe, depending on the location of mines operated by the company.
Construction is scheduled to start at the end of the current year.
RioZim hopes to reduce its energy bill by producing its own energy. This will also allow it to be less dependent on the national electricity grid.
The signing of this development agreement comes as Zimbabwe faces an energy shortage caused by the lack of water in the Kariba dam, its main power generation unit.