Market News

 The Tanzanian energy ministry has issued its Power System Master Plan (PSMP 2016–2040), mapping out how much will be required in investments to balance the sector.   On Monday, the ministry released its power roadmap, which stated that 70% of capital spending would be financed by . . .

 The East African country of Tanzania faces a serious electrification challenge. Only 2 percent (PDF) of rural households have access to electricity, and most of the rural population relies on expensive, hazardous and low-quality fuels such as kerosene for lighting and charcoal for cooking. &n . . .

 The director of the Innovative Technology and Energy Centre (ITEC), Dr Herb Rhee, has announced plans to open a training centre for renewable energy technology in Arusha, Tanzania.   According to local media, Tanzania Standard, Dr Rhee said the renewable energy technology centre will op . . .

 A spate of recent agreements is expected to raise access to electricity to 75% of the population by 2035 as part of the government’s Power System Master Plan. According to official estimates, about 40% of the country’s 47m people had access to electricity in 2016.   To achie . . .

 The report, released earlier this week by the National Bureau of Statistics and the Rural Energy Agency shows that grid electricity is the second largest source of power in rural areas with 34.5% of households connected, while solar is leading by nearly 65%.   "The results show that sol . . .