Friday, December 9 2022 Sign In   |    Register
 

News Quick Search


 

News


Front Page
Power News
Today's News
Yesterday's News
Week of Dec 05
Week of Nov 28
Week of Nov 21
Week of Nov 14
Week of Nov 07
By Topic
By News Partner
Gas News
News Customization
Feedback

 

Pro Plus(+)


Add on products to your professional subscription.
  • Energy Archive News
  •  



    Home > News > Power News > News Article

    Share by Email E-mail Printer Friendly Print

    Firm to set up US$200 m power plant


    September 26, 2022 - Business Weekly

     

      Hydronax Energy, in partnership with Go Green Association of Zimbabwe, has announced plans to establish a 100MW green hydrogen production plant worth US$200 million in the country.

      The plans, which will be implemented within the next two years, come as Zimbabwe has been experiencing depressed power generation on the grid at a time of increased usage of electricity.

      Last week, the Zimbabwe Electricity Transmission and Distribution Company (ZETDC), released a load shedding schedule to manage the power deficit but with the intervention of renewable energy, power challenges could be eased.

      Chairman of Hydronax Energy, Dr Hilton Mabhurukwa, noted that the project is in alignment with the President Mnangagwa's vision 2030.

      'Like the President (Mnangagwa) always says, nyika ino vakwa nevene vayo,' said Dr Mabhurukwa.

      According to Dr Mabhurukwa, the project is going to bring employment to the nation as well as partnership with universities. He said the company will conduct feasibility studies to optimise the project.

      'We have the plan and the funding,' he said.

      What is left, according to Dr Mabhurukwa, is commitment from various stakeholders 'for us to commence the project.'

      'Hydronax proposes to install and maintain 100MW solar farm in the first phase and also install a 20MW green hydrogen production facility by 2026 with a production of up to 3 000 tonnes of green hydrogen per year and it would be first of its kind in Zimbabwe,' said Dr Mabhurukwa.

      CEO of Hydronax Energy, Victoria Walker, stated that her team is working on bringing cheaper and affordable fuel, hoping this will solve Zimbabwe's ongoing high costs of fuel and electricity shortages.

      'The two projects both combined will create 800 to 900 employees and a policy to employ staff by proximity of their location to employment site will be actively pursued,' Walker said.

      Due to the abundance of resources in Zimbabwe, Hydronax Energy is hoping to be able to set up a solar hydrogen plant that will generate electricity 24/7. The plant will be set up either in Masvingo, Shangani or Kariba.

      These are potential sites with huge amounts of unused resources as confirmed by the Ministry of Energy and Power Development Director Dr Sosten Ziuku.

      'As Government, we have been developing lot of infrastructure in terms of dams,' he said.

      'We do have Kariba Dam. Currently we have the Gwayi-Shangani which will be completed very soon, so a project of this nature would require that potential sites for generating hydrogen are close to large scales of water.'

      Lloyd Munetsi from the Environmental Management Agency (EMA) said the project is a promising green programme.

    TOP

    Other Articles - International


    TOP

       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2022 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.