Zimbabwe Mine Secures Solar Deal

Key Figures & Findings: CrossBoundary Energy has acquired a 13.9 MWp solar PV plant from Caledonia Mining Corporation at the Blanket Mine in Zimbabwe, signaling a strategic shift toward sustainable industrial energy in the region. Originally commissioned in 2023, Caledonia developed the facility and now enters a 17-year power purchase agreement that transfers full operational responsibility to CrossBoundary. The deal allows Caledonia to redirect capital toward mining expansion, while aligning with Zimbabwe’s regulatory push for private-sector-led renewable investment. T

Statistics & Insights: Since commissioning, the solar plant has generated over 57,000 MWh of clean power, meeting 21% of the mine’s energy needs and displacing diesel reliance. 

Future Implications: If expansion plans materialize, solar power could meet an even larger share of the Blanket Mine’s energy mix by 2027, helping insulate operations from Zimbabwe’s recurring grid instability and rising fossil fuel costs. The project may also set a template for industrial solar adoption across Africa’s mining belt.

Source: CrossBoundary Energy