The current power crisis in the country has led to extensive outages, creating huge pressure on the national grid. For its part, DPA has ramped up its deployment of solar power plants around the country in a bid to help address the current crisis.
"With the current power fluctuations, we are ready to play our part and believe our viable financing solution will significantly accelerate the adoption of solar energy and help the power industry in Zimbabwe," said DPA Zimbabwe chief executive officer Divyajeet Mahajan.
He commended government's support in facilitating a legislative and regulatory framework that speeds up the uptake of solar energy through the implementation of the "net-metring" regulation and tax exemptions on solar imports.
DPA currently has an additional 111MW of power in their pipeline for deployment across a number of sectors in Zimbabwe. It has this year built sizeable projects for a number of commercial clients, including the Surrey Group, Kefalos Foods, Blue Swallow Lodges and beverages giant Schweppes.