Zimbabwe firm in JV with Swiss company

Zimbabwe firm in JV with Swiss company
Published: 15 August 2013
A Zimbabwe-based firm, Oxygen Group, with interests in venture partnerships and business advisory, has partnered a Swiss company Meeco Group to promote and develop the use of solar energy in the country.

The development is expected to minimise power supply problems as Zimbabwe is facing low generation capacity largely due to a shortage of funds to initiate new power-generation plants.

Oxygen Group executive director Simba Mhuriro disclosed yesterday that his firm recently signed a Memorandum of Understanding with Meeco Group with the aim of promoting and developing the solar energy solutions of the Switzerland-based company in Zimbabwe.
- newsday
Tags: Meeco,

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