Lithium Giant Powers Up With 70MW Solar Push

Key Figures & Findings: Prospect Lithium Zimbabwe (PLZ), a subsidiary of Zhejiang Huayou Cobalt, has begun construction on a massive solar power plant at its Goromonzi site to supply clean, reliable electricity for its mining and processing operations. The solar project marks one of the largest private-sector energy investments in Zimbabwe’s mining industry, aimed at reducing reliance on the national grid.

Statistics & Insights:

•  PLZ Solar Capacity: The new plant is rated for 70MW to secure power for operations. 

• Value-Added Investment: This power is important for a new $400 million lithium sulfate plant, slated to begin production in the first quarter of 2026.

• National Grid Strain: The national grid faces a massive shortfall, with peak demand reaching 2,200MW against a domestic supply of only around 1,400MW.

Future Implications: If delivered as planned, the solar plant could serve as a blueprint for power-secure, low-emission mining operations.

Source: iHarare

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