November 25 2022
IPPs wanted
...Govt wants more private capital in energy
The Green Digest November 25 2022 2
Inside:
■ ‘More IPPs in renewables will cut pow- Cover: Local players to invest
in the energy sector, a sector
er deficit’.. p4 that drives industrial produc-
tion.The country has been
■ Zimplates environmental rehabilitation struggling to secure power for
several years.
expenditure up by 28,37% .. p6
■ Nestlé Babelegi adds renewable elec-
tricity plant.. p10
■HDF, EIB partner to implement Namib-
ia’s first green hydrogen power plant..
p14
Roam’s electric motorbike sells for US$1,500 and is aimed at
gig-economy drivers.
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The Green Digest November 25 2022 3
The Green Digest November 25 2022 4
ENERGY
‘More IPPs in renewables whose construction was completed in 1987, has outlived its
will cut power de cit’ economic life.
BY FREEMAN MAKOPA Zimbabwe has been reeling under rolling power cuts since
Local players to invest in the energy sector, a sector that the start of winter in May. Some of the country’s ageing pow-
drives industrial production. er plants are being repaired and the rest are struggling to
cope with growing demand,
The country has been struggling to secure power for sev-
eral years. Energy and power development ministry permanent sec-
retary Gloria Magombo urged local investors to take advan-
This comes as Hwange power station; the second larg- tage of the opportunities and invest in the energy sector.
est baseload power plant with a rated capacity of 920 meg-
awatts (MW) is currently able to generate an average of “We believe that over and about external investors, we
500MW due to aged equipment. The thermal power plant, urge local investors including pension funds and insurance
companies to invest in the energy sector. The number of en-
ergy projects licensed by the ZERA is also testimony to the
The Green Digest November 25 2022 5
huge interest and commitment. an internal generation capacity of 1400MW, the country im-
“Locals can invest in own generation projects and take ad- ports between 200MW and 450MW to meet this deficit.
vantage of net metering regulations to supply the grid and
bank their power to use later. We have already through the “The imports are, however, on a firm and non-firm ba-
renewable energy policy and Finance Act amendments pro- sis and also depend on the level of internal systems de-
vided various incentives,” she said. mand and status/availability of generation units especially
Magombo said the government has been reviewing and at Hwange Power Station.”
signing various investment protection agreements (IPAs)
with various countries and is a signatory to various trade Magombo said the electricity challenges that Zimbabwe
protocols. is facing were a result of many factors, including delayed
“With the interconnection to the region, we encourage in- commissioning of new generation capacity especially at
vestors to look at Zimbabwe and the Sadc region as one Hwange due to COVID-19 disruption of supply chains, fail-
market. Our central location within the region and intercon- ure to maintain and rehabilitate existing infrastructure and
nection infrastructure allows for investors to also supply oth- failure to attract significant investments through the private
er utilities and markets,” she added. sector due to perceived high-country risk.
The southern African nation is positioning itself to be a net
exporter of energy by 2030 and also as a regional hub for This has resulted in frequent and unpredictable plant fail-
fuel distribution. ures especially at Hwange Power Station.
However, Magombo said the country requires energy im-
ports of between 200 megawatts (MW) and 450MW daily She said during off-peak periods when demand is low,
from regional utilities to meet its power deficit. some units at Kariba Power Station (peaking power plant)
“Zimbabwe imports electricity from regional utilities (Es- are shut down and at that time no imports will be required.
kom of South Africa, HCB of Mozambique and Zesco of
Zambia) to augment its internal generation capacity. With a An additional capacity has been developed by Zimbabwe
maximum demand of between 1700MW to 1850MW against through private sector investments including 50MW from
the ZZEE (Zimbabwe Zongxin Electric Energy Company) in
Hwange, Padenga 1,2MW in Kariba, Centragrid 2MW in Ny-
abira, Solgas 5MW solar power plant at Cross Mabale, Riv-
erside 2,5MW in Mutoko and 4,4MW in Tanganda to men-
tion a few.
The Green Digest November 25 2022 6
ENVIRONMENT
Zimplates environmental
rehabilitation expenditure up by 28,37%
ZIMPLATS Holdings Limited (ZHL) increased its various laws and regulations governing the protection of the en-
expenditure on environmental rehabilitation by vironment. The Group recognises management’s best estimate
28,37% to about US$26 million during its financial for asset retirement obligations in the period in which they are
year ended June 30, 2022, upping its commitment incurred. Actual costs incurred in future periods can differ mate-
to climate change. rially from the estimates,” ZHL said, in its recent 2022 Integrated
Environmental rehabilitation entails bringing a destroyed or Annual Report for the year ended June 30, 2022.
deteriorating environment back to better conditions and a ro-
bust ecosystem. “Additionally, future changes to environmental laws and regu-
lations, life-of-mine estimates and discount rates can affect the
As investor interest in Zimbabwe’s mining sector rises, mining carrying amount of this provision. Estimated long-term environ-
companies are increasingly under more pressure to make provi- mental provisions, comprising pollution control, rehabilitation
sions in their budget to support environmental projects. and mine closure, are based on the Group’s environmental pol-
icy taking into account current technological, environmental and
ZHL, one such miner, has started to include environmental, regulatory requirements.”
social, and governance otherwise known as ESG into its report-
ing having spent US$20,25 million in its full year ended June, 30 ZHL said estimates were determined by independent environ-
2021 on environmental rehabilitation. ESG standards have be- mental specialists in accordance with environmental regulations
come a key part of securing investment for firms. and the provisions for future rehabilitation costs had been deter-
mined, based on calculations that require the use of estimates.
As per its website, Zimplats is the leading mining company in
Zimbabwe specializing in platinum group metals such as plati- “The pre-tax discount rate used was 7.5% (2021: 7.3%) at the
num, palladium, rhodium, iridium, ruthenium, and osmium. time of calculation. The net present value of current rehabilita-
tion estimates is based on the assumption of a long-term real in
“The Group’s mining and processing activities are subject to
The Green Digest November 25 2022 7
ENVIRONMENT
ZHL said it would strive to main- permits and agreements.
tain ISO 14001:2015 certi cation “A certified EMS (Environmental Management System) is the
and continual improvement of our
environmental management per- foundation and framework of our environmental thrust within the
formance context of ESG compliance,” ZHL said.
flation rate of 3.8% (2021: 2.0%),” ZHL said. “The following are the key highlights with respect to the imple-
“At 30 June 2022, if the discount rate had decreased by 2% mentation of the EMS: Zimplats retained ISO 14001:2015 certifi-
with all other variables held constant, the present value of the cation with no major non-conformities being recorded during the
current rehabilitation estimate would have been US$33.7 mil- FY2022 external audit, No significant environmental incidents
lion. At 30 June 2022, if the discount rate had increased by 2% were recorded in FY2022, Internal audits and management re-
with all other variables held constant, the present value of the views are conducted regularly to ensure continual improvement
current rehabilitation estimate would have been US$22.1 mil- of the environmental management system.”
lion.”
An important part of Zimplats’ policy is adhering to the rele- ZHL said it would strive to maintain ISO 14001:2015 certifica-
vant environmental obligations. tion and continual improvement of our environmental manage-
The Company was still in compliance with and follows all ap- ment performance
plicable environmental laws and rules as at the end of the re-
porting period. “Zimplats will utilise the upgraded SHEQ information manage-
Throughout FY2022, Zimplats maintained all necessary envi- ment system (IsoMetrix) in the management of all ESG issues,”
ronmental licenses, permits, and agreements. ZHL said.
Currently, ZHL has several environmental licences including
the environmental impacts assessment, effluent and waste dis- At the end of the reporting period, ZHL had assets worth
posal, air emission, hazardous substances, radiation, and water US$2,42 billion and had US$6,83 cents to every dollar of debt
showing it was in a liquid position to continue with its environ-
mental obligations.
ZHL said the United Nations Sustainable Development Goals
(SDGs) continued to guide them and form the framework for the
development of systems to manage potential and actual envi-
ronmental impacts associated with our mining and processing
operations.
The Green Digest November 25 2022 8
ENVIRONMENT
“Attainment of the SDGs is The statement was signed by the chief executive officers and
the most viable route towards chairpersons of 56 African companies, from a diverse range of sec-
achieving sustainable develop- tors, representing more than US$140 billion in revenue and over 700
ment as a global community,” 000 employees across 50 African countries.
ZHL said.
“We hear the alarming warnings of the scientific community and
“The Company has fully sub-
scribed to and adopted the fol- According to the United Nations
lowing environmentally related Global Compact (UNGC) global sur-
SDGs in our approach towards vey of 14 000 people in 14 countries,
proactively managing environ- there are fears that as the climate cri-
mental issues within our opera- sis worsens business is not trusted to
tions: SDG 6 - Clean water and
sanitation, SDG 7 - Affordable do what is necessary to respond.
and clean energy, SDG 12 -
Responsible consumption and
production, SDG 13 - Climate
action, and SDG 15 - Life on
land.”
The report comes amid the
2022 United Nations Climate
Change Conference or Confer-
ence of the Parties of the UN-
FCCC, more commonly re-
ferred to as COP27 which start-
ed on the 6th of this month and
ended today (Friday).
According to the United Na-
tions Global Compact (UNGC)
global survey of 14 000 peo-
ple in 14 countries, there are
fears that as the climate crisis
worsens business is not trust-
ed to do what is necessary to
respond. UNGC is a voluntary
agreement between the UN
and corporations and firms to
support the adoption of sustain-
able and socially responsible business practices and to report on
their progress. “We have less than 10 years left to shift the world
onto a 1.5C trajectory, reduce global inequalities and achieve the
substance of the SDG Agenda. Our changing climate means, more
than ever, that we are running out of time,” UNGC Assistant Sec-
retary-General and CEO Sanda Ojiambo, in a statement made at
COP27. “It really is now or never for the private sector to turn their
bold commitments into tangible solutions to protect our planet and
our collective future. The UN Global Compact looks forward to con-
tinuing our work with businesses all over the world to accelerate our
transition to net-zero.”
The Africa Business Leaders’ Climate Statement, which outlines
important commitments businesses can make to inspire climate ac-
tion, was presented at COP27 by more than 50 prominent CEOs
from across the African continent who are members of the Africa
Business Leaders Coalition (ABLC).
The Green Digest November 25 2022 9
ENVIRONMENT
understand that although Africa has contributed the least to dustrialized nations – the main greenhouse gas (GHG) emitters
creating the climate crisis, its people, its ecosystems, its econ- – and international financiers to act urgently to mobilize ade-
omies, and its cultural heritage are among the most vulnerable quate resources and funding, build back trust by fulfilling com-
and least prepared to adapt – largely due to insufficient support mitments, and to support Africa adapt and build resilience to
from international partners,” part of the statement reads. avoid the enormous cost of inaction.”
“Climate action is integral to addressing key issues facing Af- The business leaders recognised the unique opportunity be-
rica, such as food insecurity, forced displacement, water scarci- fore them to unite and take action to unlock Africa’s sustainabil-
ty, and new diseases, all being exacerbated by climate impacts. ity advantage, with the support of the international community
Africa cannot act alone. We call on Governments of wealthy in- and African Governments.
The Green Digest November 25 2022 10
RENEWABLE ENERGY
Nestlé Babelegi of the total electrical energy requirement of the factory for the
adds renewable full year. This is in line with Nestle’s 2030 Ambition to strive
electricity plant for zero environmental impact in our operation and to achieve
net zero emissions by 2050.
NESTLÉ CREMORA and MAGGI
2-minute Noodles adds a 966KW solar This is the second manufacturing plant in the region with
plant to its manufacturing value chain. Harrismith Factory having been completed in August 2022
and sized with a capacity of 1’189kW, which includes a
N estlé East & Southern Africa Region (ESAR) ground mounted system and additional solar PV capacity on
announced that its Babelegi Manufactur- the roofs of the new carport structures. The 1’946 solar PV
panels are expected to deliver some 1’714’191 kWh of ener-
ing Plant in Hammanskraal, Babelegi has in- gy per annum.
stalled a solar plant with a capacity of 966kW, This equates to 10% of the total electrical energy require-
ment of the factory for the full year. The system will gener-
which comprises a ground mounted system. ate approximately 45% of the factory demand during daylight
hours. “One of the key messages coming out of the COP27
The 1’806 solar PV panels are expected to deliver some climate conference was the importance of action and imple-
mentation to advance climate action. As a business we firmly
2’128’149 kWh of energy per annum. This equates to 15.6% believe that takingaction however big or small throughout our
value chain, is how we will begin to make an impact on the cli-
mate crisis.
The Green Digest November 25 2022 11
RENEWABLE ENERGY
We also believe that there is an opportunity to decrease GHG “In this critical moment for our planet, we are committed to
emissions through an increase in low emission and renewable finding solutions that deliver tangible results to the business.
energy. Nestlé commits to having a strategy to procure 100% Therefore, we are multidisciplinary in our approach, aiming to
of electricity from renewable sources within the shortest practi- transform many touchpoints across our value chain. From the
cal timescale. energy we use in our opera-
The firstWe believe that this will help in energising the region’stions as seen with this initia-
phase of tive, to carbon capture technol-
increased efforts towards energy security, this way ogy that converts flue gases to
the renewa-
ble projects NESTLÉ CREMORA and MAGGI 2-minute Noodles green products, to regenerative
pegged to de- agriculture practises that re-
liver just over not only remain tastier but also contribute to making duce emission. All these inter-
3% of Nestlé better the environment. ventions, together forming our
ESAR’s pow- RE sustainability initiative with
er requirements has gone online”, says Xolile White, Tech- the pillars of REthink, REduce and Repurpose. This renewable
nical Director at Nestlé ESAR. The second phase of the re- energy intervention is part of our intentional strides towards re-
newable energy projects is set to add five additional develop- ducing carbon emissions across our manufacturing value chain
ment sites; extending Babelegi’s second phase expansion to to Net Zero by 2050,” he continued.
1’500’000kWh, or 11% of annual electricity requirement for the “We believe that this will help in energising the region’s in-
factory. Additional sites are East London, Estcourt, Potchef- creased efforts towards energy security, this way NESTLÉ
stroom, and the Nestlé Quality Assurance Centre in Johannes- CREMORA and MAGGI 2-minute Noodles not only remain tast-
burg. These are expected to deliver a total combined capacity ier but also contribute to making better the environment.” con-
of 5.7GW, which is 5% of Nestlé ESAR’s energy requirements. cluded White.
The Green Digest November 25 2022 12
RENEWABLE ENERGY
Zim secures US$400mln loan
to revamp power stations
BY FREEMAN MAKOPA “With units 7 and 8 coming on board by end of next year it will
help allow for scheduling of this work.
The Energy and Power Development ministry says
it has secured at least a US$400 million loan for Magombo also said a framework for the national power utility
the revamp of Hwange 1 to 6 units and Bulawayo to procure 500MW solar projects is being finalised.
power station to increase power generation in the
country. We have a programme un-
Zimbabwe heavily relies on its only hydropower plant, the Ka- der NDS1 to rehabilitate
riba South Power Station, which is the biggest power genera- old equipment and have se-
tion plant in the country, with a total generation capacity of 1050 cured over a US$300 million
megawatts (MW). loan through the Indian
government assistance for
The country also has four thermal power stations including life extension of the units
Hwange Power Station, the largest coal-fired power station with 1 to 6 at Hwange and an-
a capacity of 920MW. other US$100 million for
Bulawayo power station re-
Permanent secretary Gloria Magombo said the loan will go to-
wards the replacement of main plant equipment. powering
“We have a programme under NDS1 to rehabilitate old equip-
ment and have secured over a US$300 million loan through the
Indian government assistance for life extension of the units 1 to
6 at Hwange and another US$100 million for Bulawayo power
station repowering — these programmes will include complete
replacement of some main plant equipment like boilers with new
equipment and technology.
The Green Digest November 25 2022 13
HYDRO POWER
“As part of the low carbon development strategy, Zesa will Zimbabwe’s efforts to boost its electricity supply have been
soon launch the competitive procurement of 500MW solar pro- hampered by corruption, particularly during the tender process-
jects throughout the country. The procurement framework is be- ing. In 2014, the Zimbabwe Electricity Supply Authority (ZESA)
ing finalised. Renewable energy targets 2 000MW by 2030, ex- contracted Intratrek Zimbabwe, owned by businessman Wick-
cluding large hydro projects,” she added. nell Chivayo, to implement a 100MW solar project worth $200m
in Gwanda, a small town 126.8 kilometres from Bulawayo. Sev-
However, the two southern African nations, Zambia and Zim- en years later, the company – which was given $5m – has yet to
babwe are jointly developing the Batoka (2 400MW) with each install even a single solar project.
country to access 1 200MW.The project developer was appoint-
ed and is working on the project preparation and financial clo- In 2015, Sakunda Holdings, owned by President Emmerson
sure. Mnangagwa’s business ally Kudakwashe Tagwirei, was award-
ed a contract to install the 200MW plant in Seke, just outside
She said apart from other developments, Zimbabwe is also Harare, despite not having participated in the tendering process
participating in the development of the green hydrogen atlas for for the project.
Africa — an initiative which is meant to come up with data to
confirm the possibility to produce hydrogen from various wa- Sakunda Holdings, which ran the plant only between July
ter sources and renewable energy, while adding that a frame- 2016 and March 2017 before shutting it down citing diesel short-
work will be developed for green hydrogen once the study is ages, was awarded the tender after an order came from the
completed. president’s office, according to a 2019 audit report by PriceWa-
terhouseCoopers.
The hydrogen can be used for local and export for power gen-
eration, fertilisers manufacturing, transport fuel, metal refining The country needs between 50 to 400MW of power to cov-
and heating. er peak demand and standard demand and also depending on
how the internal generation is doing. The bill varies from US$10
Magombo highlighted that her ministry was advocating for en- to US$18 million a month, depending on how much power was
ergy efficiency from all consumer groups as this will assist in imported at what time (peak vs off-peak or winter) and for how
reducing demand and bemoaned antiquated equipment which long and from who.
needs to be replaced which she said needed to be replaced.
The Green Digest November 25 2022 14
GREEN ENERGY
HDF, EIB unlock opportunities for the energy transition,” said Hoyer.
partner to “Our agreement confirmed at COP27 today with HDF, will
implement
Namibia’s rst help to accelerate large scale deployment of green hydro-
gen infrastructure in Namibia based on proven investment
green in South America.”
hydrogen
power plant The agreement was signed by Maria Shaw-Barragan,
EIB director of lending in Africa, Caribbean,
G lobal pioneer in hydrogen power plants and
high-power fuel cell manufacturer Pacific, Asia and Latin America and Nicolas Lecomte,
Hydrogène de France SA (HDF Energy) HDF’s director for Southern and East Africa, and witnessed
has taken a further step in the development by Namibian Finance minister Lipumbu Shiimi.
of the Renewstable® green hydrogen pow-
er plant in Swakopmund Erongo region of Namibia, by for- The new agreement between HDF Energy and the Eu-
malising its partnership with the European Investment Bank ropean Investment Bank was unveiled alongside the an-
(EIB) at the ongoing United Nations Climate Change Con- nouncement of a new sovereign loan facility of EUR 500
ference of the Parties (COP27). million by Ursula von der Leyen, president of the European
Commission and Geingob to develop the green hydrogen
The new green hydrogen cooperation was announced at sector in the country.
the COP27 Namibian pavilion by Namibian
Once operational, the project will enhance local clean
President Hage Geingob, Werner Hoyer, president of the electricity generation, 24 hours a day, seven days a week,
European Investment Bank and and grid supporting services, directly contributing to secu-
rity of electricity supply in
Ursula von der Leyen, president of the European Com-
mission. Namibia.
The new EIB cooperation with HDF Energy for the Re-
“This partnership represents a concrete step in deliver- newstable® Swakopmund accelerates project implementa-
ing Namibia’s clean energy ambition. This new investment tion, allowing Namibia to lower the price of electricity to
demonstrates Namibia’s leadership in green hydrogen,” end-consumers, and kick-starting implementation of green
said Geingob. hydrogen investment and development of technical green
hydrogen skills in Namibia.
“I would like to thank the European Investment Bank for EIB Global is the EIB Group’s specialised arm dedicated
the continuous support to the development in Swakopmund. to increasing the impact of international partnerships and
development finance.
“The signature is a key step of our longstanding engage- It is designed to foster strong, focused partnership within
ment with the EIB for the project, that takes us closer to Team Europe, alongside fellow development finance insti-
reaching financial close in 2023 and starting construction of tutions and civil society.HDF Energy is a global pioneer in
the first large scale green hydrogen project in Africa.” hydrogen energy, which develops, finances, and operates
multi- megawatts hydrogen-power plants.
The European Investment Bank works with leading part- These plants provide continuous or on-demand electric-
ners to support clean energy investment across Africa. ity from renewable energy sources (wind or solar), com-
bined with high power fuel cells supplied by HDF.
“I am pleased that the EIB is working closely with HDF Uganda also announced at COP27 that HDF had signed
Energy to harness Namibia’s solar and wind potential and an agreement with the Ugandan authorities to participate in
the development of renewable energy in the country.
With an installed capacity of 1,291 MW according to
Power Africa, Uganda wants to develop its production and
transport infrastructures to meet the energy demand of its
industry and population.
Kampala is banking on renewable energy, especially so-
lar. HDF wants to contribute by providing a solution to the
intermittency associated with the production of solar pho-
tovoltaic energy.
The company, based in Gironde (France), wants to build
its first Renewstable® power plant in Uganda in the next
few years.
The Green Digest November 25 2022 15
GREEN ENERGY
Electric motorbike and bus
manufacturer bets on growing demand
Roam, operating out of Kenya, manufactures fully electric motorcycles and buses for the African
market. Here is a look at its market potential for the vehicles, nancing models and expansions.
More and more, the global future of mobility appears Wilson cannot yet divulge the potential assembly capacity of the
to be electric. According to a McKinsey study, ma- bus plant as this is still in the pilot phase. The batteries are imported –
jor automotive markets – such as the United States, along with different components required for the tailored drivetrain and
Europe and China – are expected to sell only elec- chassis – and the vehicles are assembled locally. The body of the bus
tric vehicles by 2035. By 2050, the consulting firm is also built locally using suppliers in the country.
says just 20% of all vehicle sales globally will be combustion engines.
One company in Kenya is preparing to tap into the growing opportu- Roam aims to secure public tenders for the public transport Roam
nities. Roam was established in 2017 and aims to make electric mo- Rapid bus, a 77-seater (90 including standing passengers) that can
bility more accessible and affordable to users, first in Kenya and then travel 360km on a single charge. “Public transport buses make sense
the rest of the continent. In 2022, it launched its Roam Air motorbike for electric mobility as we can deploy the charging infrastructure on the
for US$1,500 and introduced two electric bus models: Roam Move route the bus travels. We will sell the bus and the charging stations as
and Roam Rapid. a package deal,” explains Wilson. The Roam Move, a feeder bus that
can travel 200km on one charge, comes in two configurations: a 51-
Albin Wilson, chief product and strategy officer, says Roam priori- or 41-seater. The target market for these will be cooperatives operat-
tises the development of electric vehicles that make sense for the use ing mini-bus taxis, called matatus. Wilson is excited about the Kenyan
case in the country in which it operates. “We are different from our Government’s commitment to support electric mobility, which includes
competitors; we don’t merely import a vehicle model and try and im- possible incentives for electric bus manufacturing and VAT exemp-
plement its use here.” tions. To further assist with the affordability of the buses, the compa-
ny is introducing an ownership model where the initial investment will
Motorcycle market prospects be equivalent to that of a diesel bus. The owner can then use opera-
The company expects rapid market growth, especially from its mo- tional savings from using an electric vehicle (estimated at a minimum
torcycles which are predominantly used as taxis or to deliver goods. “It of 60%) to pay off the remainder of the cost in less than four years.
is such a logical vehicle for this market. It is smaller, making sure that
our roads don’t get congested, and enables us to deliver to the service Overcoming manufacturing challenges
economy in the country,” he says. “As the market grows, it will assist in Manufacturing in Kenya has its challenges, according to Wilson, but
eliminating combustion engine emissions.” none they have not been able to address by implementing standard
Most of the components for the motorcycle are sourced from local operating procedures with their local assembly and supplier partners.
suppliers. The design is also suitably simple so that spare parts are “Supply chain is the hardest part and I think it will always be, as the
readily available. The bike is fitted with a dual battery system, each manufacturers in the market do not yet have that high-volume just-in-
with a range of 90km. The batteries are easy to remove for charging time setup you might find elsewhere in the world,” he adds.
using the provided portable charger, plugged into any 220V wall outlet.
The charge time per battery, to 100%, is four hours.
In Kenya, the cost of charging one battery is calculated at Ksh75
($0.62), which equates to less than one shilling per kilometre.
Roam currently has 150 motorbikes on the road and is in the pro-
cess of ramping up production to another 150 every week on a single
assembly line. “Our facility, however, could have a much higher capac-
ity and we expect the units per week will increase rapidly in the next
year.” Wilson has said in a previous interview that the company will
most likely reach 200 units sold by the end of the year.
Roam is in discussions with a financing partner for a 14-month
lease-to-own plan for its motorcycles.
Bus pilot near completion
The Green Digest November 25 2022 16