A NEW energy company, Oursun Energy (Pvt) Ltd, has been formed as a joint venture between local firm Oxygen Africa (Pvt) Ltd and a Swiss entity meeco Invest AG.
In statement, Oxygen Group Africa-Zimbabwe executive director Simba Mhuriro said he and Honour Mkushi as well as Andrew Connolly had been tasked with formulating the venture for Oursun Energy following the signing of a memorandum of understanding between the local and Swiss companies in May to promote and develop solar energy solutions.
“Oursun Energy Company will focus on supporting the agriculture, manufacturing, mining, telecoms and tourism industries with its world-class turnkey solutions provided by the meeco group such as sun2live projects, sun2flow applications for farmers, sun2safe or sun2com solutions for rural areas or telecommunication companies,” Mhuriro said.
“The core activities of Oursun Energy (Pvt) Limited will be the construction of solar energy production facilities and the development of public-private partnership structures to build solar farms ranging from 10 megawatts (MW) to 100MW.”
Mhuriro said the company will support the joint venture with its well-established network in the Zimbabwean industry as well as its good contacts in neighbouring countries whereas the meeco group will bring its huge experience in the development and realisation of renewable energy projects.
“The Zimbabwean geographical situation is ideal for the implementation of solar energy and related applications such as energy storage, lighting or water pumping due to its level of radiation, one of the highest worldwide,” he said.
In the last week of November, the meeco group chairperson Jo Hanns Dieter Trutschler, sales director George Kitoudis and technical and operations director visited Zimbabwe where they conducted several assessments, feasibility studies and met with various regulatory, corporate and government bodies.
Trutschler reportedly said then: “To partner with the Oxygen Group is a great opportunity for us to develop the production of solar energy in Zimbabwe, especially in off-grid regions.”
Mhuriro said they were looking forward to playing their part in driving renewable energy in Zimbabwe.
“The meeco group was consolidated in 2000 and oriented its main focus towards the energy sector. With world headquarters located in Zug, Switzerland, the group currently has over 50 employees working across four continents. Thanks to a structured, but flexible approach based on its core competencies, meeco has delivered over 320MW of clean, renewable energy solutions across four continents.”