Online Reporter
Tapiwanashe Mangwiro
The Zimbabwe Energy Regulatory Authority (ZERA) is working on new regulations to lure more investments into electricity generation to boost output and meet growing demand, as the regulator targets 5 400 megawatts (MW) from new projects by 2030.
ZERA renewable energy expert Engineer Man’arai Ndovorwi told delegates at the recent Environmental, Social and Governance (ESG) Conference that Zimbabwe’s energy sector had been deregulated to allow every capable player to contribute to power generation.
“We have deregularised the whole energy sector so that anyone who can invest in power generation is allowed to do so.
“ For their benefit, licensing fees have been significantly reduced, especially when it comes to renewable energy technologies,” said Eng Ndovorwi.
The measures are anchored in the Vision 2030 target to transform Zimbabwe into an upper middle-income economy. With energy recognised as the engine of industrialisation and a key enabler of socio-economic growth, ZERA said the reforms will ensure no sector is left behind.
He further revealed that the Government, through ZERA, was finalising legislation to exempt projects producing up to five megawatts from licensing fees.
Currently, duty exemptions for renewable energy equipment have already been implemented, demonstrating the administration’s commitment to lowering entry barriers for investors.
“This Government has created a friendly investment environment where every dollar counts. There has never been a better time to invest in Zimbabwe’s energy future,” Eng Ndovorwi said.
Zimbabwe’s energy compact, which is the backbone of national plans up to 2030, targets 5 400MW of new capacity, enough to meet projected demand across households and key sectors such as mining, agriculture and manufacturing.
“The private sector is expected to contribute US$4,5 billion, while the Government is committing another US$4,5 billion towards infrastructure development,” Eng Ndovorwi explained.
“Opportunities are abundant, and all companies are welcome to participate.”
He said the authority was also decentralising fuel trading by promoting containerised fuel service stations, thereby reducing infrastructure costs and widening access.
Another key aspect of the plan is the promotion of liquefied petroleum gas (LPG), which the authorities say is central to reducing dependence on firewood and promoting clean energy for cooking.
Current usage by locals stands at 38 percent, but the target is to reach 70 percent by 2030.
“This will ease pressure on forests and improve public health. Even the mining sector, as part of its social responsibility, is being encouraged to roll out LPG adoption programmes for workers and surrounding communities,” Eng Ndovorwi said.
Economist Ms Gladys Shumbambiri-Mutsopotsi said the bold drive by the Government and ZERA could deliver far-reaching benefits for the economy.
“Energy is the backbone of production, and increasing capacity will lower costs for industry while attracting both domestic and foreign direct investment.
“The decision to remove duty on renewable energy equipment was pro-business and pro-consumer, a clear sign that Zimbabwe is open for investment,” she said.
She added that energy security is a game-changer for economic stability. “When industry knows that reliable power is guaranteed, expansion plans become more realistic. That confidence fuels economic growth,” she said.
ESG expert Mr Malcolm Mafukidze hailed the approach taken by the Government, noting that Zimbabwe was aligning itself with global best practices while safeguarding national interests.
“Through prioritising renewable energy, the country is tackling climate change while strengthening competitiveness in regional and global markets. This is a forward-looking and inclusive model that puts Zimbabwe ahead of many of its peers,” Mr Mafukidze said.
He said the energy compact’s structure, where both the Government and the private sector shared responsibility, would ensure sustainability.
“When the Government commits resources and policies, while the private sector brings capital and innovation, the result is balanced and effective. This partnership sends the strongest possible signal to investors,” he added.
Analysts said the latest energy reforms fit seamlessly into Vision 2030, as Zimbabwe seeks to reindustrialise, create jobs, and lift living standards.
The planned 5 400MW will not only meet domestic demand but also place the country in a strong position to export surplus power to the region.
The combined thrust of deregulation, investment incentives and sustainable policies underscores the Government’s determination to build a resilient economy powered by abundant and reliable energy.
With clear policies, firm commitments and broad investor participation, Zimbabwe is firmly on course to light up its future.
