project in Rwanda]Kigali, Rwanda --- ESI-AFRICA.COM --- 05 December 2012 - All indications are positive for the energy sector in Rwanda as 2012 begins, with the government intensifying its strategy that adequate energy is crucial to the acceleration of the country’s economic growth.
“The New Times” reports that one of the indicators is the Kivuwatt methane project in Kibuye, which is already underway and is expected to start producing an initial 25MW of electricity by July 2012. This will increase Rwanda's installed capacity by 40% before eventually producing 100 MW.
waters of Lake Kivu]New York, United States --- ESI-AFRICA.COM --- 26 August 2011 - ContourGlobal â€’ a company which develops, acquires and operates electric power and district heating businesses around the globe â€’ has signed agreements for a loan facility of US$91.25 million to complete Phase I of its KivuWatt project, an integrated methane gas extraction and production facility and associated 25MW power plant on Lake Kivu in Rwanda.
Funds for a feasibility study for gas extraction have been granted by the European Commission (EC) and the funds should be availed in two months to start the study, which may cost between $1.5 million and $2 million.
Minister of Energy
& Water, Ministry of
Infrastructure]3 March 2009 - ContourGlobal subsidiary ContourGlobal Kivuwatt Ltd has signed an agreement with the Republic of Rwanda to develop an integrated gas extraction and electricity generation facility that will provide 100 MW of natural gas-fired electricity to Rwanda and the East African region.
54% of the Rwandan electricity being generated by fossil fuels, and the remainder by hydropower. Methane gas reserves however, could produce as much as 350MW over time in Rwanda and a similar amount in the DRC (which owns half the gas reserves).
21 September 2007 - A Russian envoy confirmed last week that the Russian Federation is 'thinking seriously' about investing in methane gas extraction from Lake Kivu in Rwanda. Technical hindrances, however, remain a stumbling block.
"I am thinking over this issue very tensely because of course I want our companies to come and participate in this very important economic project", Ambassador Mirgayas Mirgaiassovitch Chirinsky told the Rwanda News Agency (RNA) at his residence.