Funding hamper renewable energy projects

Funding hamper renewable energy projects

By Daniel Chigundu THE Renewable Energy Association of Zimbabwe (REAZ) says government should work hard to ensure companies operating in the country’s renewable energy sector have access to cheaper funds. Funding for capitalisation is expensive in Zimbabwe and those few institutions that are lending are doing so at ridiculously short term rates,  making it unsustainable for business. Zimbabwe is said to have an abundance of renewable energy resources in the area of solar and hydroelectric energy, wind and biogas, but companies operating in the sector are not able to fully…

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