Global power and automation technologies company ABB (Pvt) Ltd says Zimbabwe’s limitations in foreign direct investment (FDI) in solar power generation were preventing the company from taking solar business on a commercial level.
In the 2016 National Budget, government allocated $28,3 million towards grid extension, solar and biogas projects as it looks for alternatives in power generation. Part of the drive includes the development of 300MW of solar photovoltaic (PV) energy through State-owned power generation unit, Zimbabwe Power Company.