In East Africa, the Tanzania Electricity Supply Company (Tanesco) confirmed that at least 245MW of electricity, fuelled by natural gas from the new Mtwara pipeline has been added to the national grid.
Additional natural gas supply scheduled
According to public relations manager, Adrian Severin, adding megawatts from natural gas to the national grid is being done in stages.
He said: “We have already added 245MW generated from our power plants and the process is going on well.
“We expect the country will have reliable power after all the megawatts are added to the national grid.”
Severin highlighted that of the total 245MW, 70MW has been secured from Ubungo II power plant, 75MW came from Kinyerezi I and the 100MW was acquired from Symbion.
He added that there is another addition of 35MW and 75MW from Ubungu II and Kinyerezi power plants respectively, which will be added soon.
He further gave insight into the developments on the construction of Kinyerezi II power plant that is underway and is expected to generate 240MW upon completion.
$2 million investment in Off-Grid Electric
In other power generation news in Tanzania, Paris-based Energy Access Ventures (EAV), an investment firm that supports entrepreneurial businesses in Sub-Saharan Africa to address energy access, has announced its first $2 million investment in Off-Grid Electric (OGE).
OGE, a San Francisco-based company with African operations, generates solar power for rural households, located far from the main grid.
The Mail & Guardian reported that EAV has a Euro 55 million ($58.4 million) fund, with other investors including DBL Investors, Zouk Capital, Vulcan Capital and SolarCity.
According to a company statement, the funds will be used to enable OGE to enter its second African market, Rwanda, and to continue to scale up its partnership with the Tanzanian government to power one million homes by 2017.
EAV managing director Dr Micheal Gera commented: “As the only venture and impact fund wholly focused on bringing energy access to the 600 million people who do not yet have it, I am very excited that we have found such a great company for our first investment.”