China Energy Proposes $1 Billion Floating Solar Farm In Zimbabwe
- 1-gigawatt project would be sited on largest man-made lake
- Southern Africa region suffers from electricity shortages
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China Energy Engineering Group proposed building a 1,000-megawatt floating solar farm for Zimbabwe, a nearly $1 billion project, on the world’s largest man-made lake.
More than 1.8 million photovoltaic panels installed over 146 modular floating units would be used for the project on Lake Kariba if it went ahead, according to an official report that was prepared for the state’s power utility and potential private equity funders by the company and seen by Bloomberg. The civil engineering works would cost $186 million and installation $801 million, according to China Energy.