malvernmugadzikwa
Online Reporter
LISTED agricultural concern Ariston Holdings Limited says investments in solar energy, which are line with its quest for clean energy sources, have led to improved cost savings.
Ariston established a solar plant at its Southdown Estate in Chipinge.
The plant is integrated into Zimbabwe Electricity Transmission and Distribution Company system and is on net metering.
“The plant came with a 1,2-megawatt (MW) storage facility as the tea factories operate throughout the day and night,” said group chairperson Mr Alexander Jongwe in a financial statement for the year ended September 30, 2023.
“This resulted in savings as envisaged, but the savings will be more apparent in future years.”
Mr Jongwe added that the investment in the solar plant is in line with the group’s strategy of safeguarding and enhancing environmental resources and processes.
Online Reporter