Solar Pv Renewable Energy projevt for ZAPC Pvt ltd 2016 seeks investors

7/25/2019 Solar Pv Renewable Energy projevt for ZAPC Pvt ltd 2016 seeks investors

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(In Association With ZUVAN RENEWABLE POWER (Pty) Ltd)

Proposed Project: ZAPC Solar Project

Capacity : 10 MegaWatts

Layout : Fixed Tilt

Technology : Solar PV

Location : Harare, Zimbabwe


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Land Availability : YES (Lease Agreement With Harare City Council through

ZAI).

Size : 12 Hectares

Distance to Grid Connection : 2 Kilometres

Government Authorisation : Yes

Site Annual Irradiance : 1600kW/h

Average sum of global irradiation per square meter received by the modules of

the given system (kWh/m2) = 2170KWh/m2


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Enter the industry as an Independent Power Producer (IPP)

Enter the market not through the bidding process

Enter into Private Power Purchase Agreements with private clients

Enter into a 30 year Power Purchase Agreement with ZESA (with an option for

renewal).

Proposed Entry Into The Renewable Energy Sector


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What Has Been Done So Far

Developed a project concept report.

Secured land lease with City of Harare.

Obtained written government authorisation to implement the project.

Consulted and engaged with Zimbabwe Electricity Transmission Company (ZETDC).

Did an Environmental Impact Assessment (Consultant is still to be paid then the

Environmental Impact Prospectus can be submitted to Environmental Management

Authority.


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Timing The remaining activities can be run concurrently.

These activities can be completed in a period ranging from 6 to 8 months

(or even less).

Planned Project Programme


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Project BenefitsA. To Project Owners

Ability to Build, Operate and possibly Transfer the power plant.

Income/ revenue from the sale of electricity generated.

Creation of opportunity for possible expansion into other cities, towns and countries in Africa.

Maintenance costs, too, are relatively low, because a PV facility is a fixed installation, and has no

moving parts.

Since the suns energy is free of charge and relatively consistent and predictable in an average year,

despite diurnal and seasonal variables, investment in PV represents long-term, predictable, lucrative

investment opportunities with comparatively low risks.

The market for solar power plants continues to develop and increase The project, once commissioned, will be elevated to National Project Status hence no import duties

on components. The company will enjoy a tax break.

B. To Communities

Creation of employment.

Exchange of knowledge and skills.

Empowerment.

Provision of the much needed electricity in communities. Creation of community projects as part of Corporate Social Responsibility.

C. To the country

Economic development

Social development

Good constant supply of electricity hence no more power cuts/outages hence improving lives of its

citizens.


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ZAPC Project Team


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Capital Requirements

The company is seeking to raise at least US$24 million (or ZAR345.6million)

for the project.

The company is prepared to cede equity to joint venture partners or to the

investor.

Contact Details Mr Lovemore Mauled

+ 27 71 980 1399

[email protected] or [email protected]

Ms Nobom Tshiki-Mfabana

+27 79 528 3955

[email protected]
mailto:[email protected]:[email protected]:[email protected]:[email protected]

Solar Pv Renewable Energy projevt for ZAPC Pvt ltd 2016 seeks investors

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