The Department of Mineral Resources and Energy (DMRE) has provided an updated timetable for the implementation of its long-term electricity procurement programmes, which are being pursued in line with a Section 34 Ministerial determination, published in September 2020, and catering for the procurement of more than 11 800 MW of new generation and energy storage capacity. Following a seven-year interruption, the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) resumed in April with the release of a request for proposals (RFP) for bid window five (BW5), through which government is seeking to procure 2 600 MW of new solar photovoltaic (PV) and wind capacity.
Zimbabwe’s State electricity company is awaiting the outcome of international arbitration in a currency dispute with the country’s biggest private power producer that’s holding up other investments. Nyangani Renewable Energy, which operates solar and hydropower plants in Zimbabwe and Malawi, took the Zimbabwe Electricity Transmission Distribution Co. to the Johannesburg branch of the International Chamber of Commerce to rule on the disagreement over a currency conversion agreement.
In this opinion article, law firm Webber Wentzel’s Jason van der Poel, Alexandra Felekis and Mzukisi Kota write about uncertainties that remain following the latest amendments to Schedule 2 of the Electricity Regulation Act.
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