Zimbabwe: Econet Msasa, Graniteside to Be Powered By Solar

Econet Wireless Zimbabwe’s offices in Msasa and Graniteside will be powered by solar energy by year end following the launch of Distributed Power Africa (DPA), a renewable energy-focused subsidiary of parent company, the Econet Group.

DPA is a renewable energy company that currently offers solar energy installations for corporates at zero start-up cost. DPA business development executive Dr Joseph Kuhudzai, said the installation of solar infrastructure at the Msasa and Graniteside offices will commence this quarter.

“DPA is planning on rolling out solar solutions at Msasa and Graniteside in the fourth quarter of this year. This is in line with our push to meet the SDGs and reducing our carbon footprint.

“So we will start with our Msasa and Graniteside offices and later extending this to the rest of the Econet offices in Zimbabwe,” he said.

The Econet Group’s renewable energy firm has its technical team in the country, although operations are based in South Africa.

“DPA has its dedicated technical team in Willwovale. The head office staff sit in two countries, there are operations officers sitting in Johannesburg servicing tenders in the region. Nothing is stopping us going further than these two countries if we win a bid in another country.”

The firm, which operates under Econet Group’s Econet New Enterprises division, is also eyeing markets in Zambia, Botswana and Kenya.

DPA is currently offering solar solution to businesses and corporations, and as for residential the company says it has been pitching to local property developers before extending the facility to individuals.

“In terms of how it’s structured, it’s structured on a lease financing basis were the customer, it’s currently business-to-business, does not have to pay any upfront costs for installation. So they then pay as if they are paying your normal electricity rates on a lease basis over a period from 10 years plus.

“We truly want to make going solar a zero risk, zero Investment decision.

“Implementing solar is a long-term investment and with our mature operational structure, we make sure that you maximise your and our investment. We are not in the game to make a quick margin on the sale, but rather want to share the upside with you over the period of the contract,” said Dr Kuhudzai.

Credits – News Of Africa

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