Munyati solar project nears financing deal

The number of private investments in Africa increased by 8% last year, making it the only region globally to record growth, as other continents experienced a contraction.

LOCAL energy firm Evergreen Private Limited (Evergreen) is finalising financial arrangements with its banking partners in preparation for the construction of a new 100-megawatt (MW) solar power plant in Munyati, valued at US$100 million, a government official has said.Munyati Power Station, along with Harare and Bulawayo stations, is among three ageing thermal power plants set…

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