EPC Contractors set to achieve Africa’s Renewable Energy Goals
Written by Staff Reporter on November 19, 2024
EPC Contractors
The Zimbabwe-Zambia Energy Summit advanced with more insightful segments, including industry debates. Vinmart Group hosted a thought-provoking discussion on the role of EPC contractors in achieving Africa’s renewable energy goals. The debate focused on the latest technologies in renewable energy and how EPC contractors can drive innovation to enhance project efficiency.
Sneha Chad, Director of Vinmart Group, shared valuable insights into the role of local and regional Engineering, Procurement, Construction (EPC) contractors in Africa’s energy sector, emphasizing the growing Engineering, Procurement, Construction, and Financing (EPC + F) models in the renewable energy industry. Director Chad noted that one of the challenges is the lack of visibility for EPC contractors regarding opportunities in neighbouring countries. “For instance, Vinmart is not aware of many renewable energy projects in nearby countries like Zimbabwe, despite large-scale projects like the 3,000 MW energy generation projects planned for Zimbabwe by the end of next year,” Director Chad said. Collaboration and information sharing between neighbouring countries, such as DRC, Zimbabwe, Zambia, and other regions, are seen as vital to enhancing opportunities for local EPCs.
Sneha Chad also emphasized that EPC contractors should demonstrate their commitment to local development beyond financial bids. “This includes showing goodwill through corporate social responsibility (CSR) programs and contributing to skills development in the regions they operate,” she said. Sneha alluded to Vinmart’s efforts in setting up scholarship programs for students in DRC and its digital literacy initiatives. These efforts help build a more skilled local workforce and create positive relationships with local communities, enhancing EPCs’ chances when bidding for future projects.
Meanwhile, Dr Salah Walia from the Zambia Research and Development Centre highlighted the crucial importance of collaboration among stakeholders, governments, the private sector, NGOs, and other players in driving renewable energy projects in Africa. He introduced the concept of the Four Cs of Collaboration, which he believes can enhance project outcomes and help achieve sustainable energy goals. Dr Salah mentioned Co-existence, Co-financing, Co-implementation, and Co-creation as key drivers that will enhance the achievement of sustainable energy goals.
Dr Walia concluded by emphasizing that “these principles, when applied, can help unlock the full potential of renewable energy projects in Zambia, Zimbabwe, and across Africa, ultimately contributing to the continent’s energy sustainability and economic growth.”
In addition, Sneha stressed that rural electrification projects should go beyond merely providing power to include access to technology. “Digital literacy programs are essential to ensure that once electricity is available, communities can fully utilize the benefits for education, healthcare, and business development,” she stressed. This comprehensive approach to energy access will help bridge the digital divide and ensure that Africa’s energy transition benefits all communities.
The discussions at the Zimbabwe-Zambia Energy Summit underscored the vital role of EPC contractors in achieving Africa’s renewable energy goals. By fostering collaboration, innovation, and a commitment to local development, EPC contractors can drive the successful implementation of renewable energy projects across the continent. The integration of EPC + F models and a holistic approach to rural electrification will help bridge the digital divide and ensure a sustainable energy future for all communities in Africa.
Tafadzwa G Matsa