Zimbabwe’s biggest miners seek $182 million for solar projects

No 1 source of global mining news and opinion

Some of Zimbabwe’s biggest miners are seeking $182 million to develop 200 megawatts of locally-generated solar power, according to the head of the renewables company responsible for the projects.

“Talks with various funding partners, such as mining companies, banks, developmental financiers, and vendors like Power China and RIC Energy, are progressing,” Norman Moyo, co-founder and chief executive of Grid Africa said in an interview. “The financing structure will consist of about 70% debt and 30% equity.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

mining /  🏆 449. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Kodal Minerals to be West Africa’s first London-listed lithium minerNo 1 source of global mining news and opinion
Read more »

100-year-old miner's hat stolen from museum in Carbon CountyShanti Lerner joins FOX 13 News as a multimedia journalist focusing on digital content for the station.
Read more »

Perseus Mining ups stake in Guinea-focused minerNo 1 source of global mining news and opinion
Read more »

Historic Utah miner's hat stolen from Helper museum thrown away in garbageAfter 3 decades spent in the sunny (and humid) South Florida media world, Jeff has traveled to across the country to partake in the delights of The Beehive State.
Read more »

Solo Bitcoin Miner Wins Big After Securing an Entire Block RewardOliver Knight is a CoinDesk reporter based between London and Lisbon. He does not own any crypto.
Read more »

Early Bitcoin Miner Wakes up With Enormous 8,692% ProfitStaggering 8,692% profit triggers epic early Bitcoin miner awakening
Read more »