IDBZ approves 5 MW Gutu Solar Power Project in Zimbabwe

The Infrastructure and Development Bank of Zimbabwe (IDBZ) has approved the development of a 5 MW Gutu Solar Power Generation Plant. Under the agreement, IDBZ will fund the project, while the Gutu Rural District Council (GRDC) is providing the land under a 25-year lease agreement approved in October 2023. GRDC has already initiated site preparation, including land clearing, road construction, and fencing. The Ministry of Finance, Economic Development & Investment Promotion, with support from the…