Zimplow Holdings in Zimbabwe discusses a joint venture with Chinese solar firm Longi for cost-effective solar solutions, targeting farms and mines.

Zimplow Holdings in Zimbabwe is discussing a joint venture with Chinese solar firm Longi to offer cost-effective solar solutions, particularly targeting large-scale clients like farms and mines. The partnership aims to provide an alternative revenue stream for Zimplow's mining and engineering unit, Powermec, and help offset declining generator sales and parts revenue. Zimplow's other units, such as Tractive Power Solutions, are also expected to grow.

July 05, 2024
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