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Financial|Logistics|Platinum|Power|PROJECT|Solar
Financial|Logistics|Platinum|Power|PROJECT|Solar
financial|logistics|platinum|power|project|solar

Zimplats solar project, Zimbabwe – update

Image of solar panels

8th March 2024

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Zimplats solar project.

Location
Zimbabwe.

Project Owner/s
Zimplats, a subsidiary of Impala Platinum (Implats).

Project Description
Zimplats has been granted a licence to generate 185 MW of its own power.

Phase 1 is a 35 MW plant at the Selous Metallurgical Complex.

The project has four implementation phases.

Potential Job Creation
Not stated.

Capital Expenditure
The four phases will collectively cost $201-million.

Phase 1 is estimated at $37-million.

Planned Start/End Date
The last phase of the project is scheduled for completion in the 2027 financial year.

Latest Developments
Impala Platinum has reported in its results for the six months ended December 31, 2023, that planned plant commissioning was negatively impacted on by severe port and logistics constraints, resulting in a five-month delay.

The first phase of the project is now forecast for completion in the fourth quarter of the 2024 financial year.

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
Zimplats, tel +44 1481 700300 or email info@zimplats.com.

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Edited by Creamer Media Reporter

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