The Tanzanian government has outlined plans to diversify the country’s power generation mix and increase output by investing in renewable energy
Renewables
Rwanda to invest in drilling geothermal wells
Rwanda has allocated US$27mn for drilling three geothermal wells on the southern slopes of the Karisimbi volcano
Standard Bank and ICBC sign deal to fund South African energy projects
Africa’s Standard Bank and the Industrial and Commercial Bank of China (ICBC) have signed a US$2bn agreement to fund renewable energy projects in South Africa
Zimbabwe Power Company to build US$100 million solar plant
Zimbabwe Power Company (ZPC), the Zimbabwe Electricity Supply Authority unit responsible for power generation, has revealed plans to construct a solar-powered electricity generation plant in Zvishavane
Green Solar and Intratrek to launch solar power project in Zimbabwe
Green Solar Europa and Intratrek Zimbabwe have teamed up to build a 100MW solar power plant at a cost of US$350mn