Market News

The Nyerere Hydropower Plant in Tanzania Is Being Connected to the National Grid
The Nyerere Hydropower Plant in Tanzania Is Being Connected to the National Grid
6 December 2023

Tanzania's power utility company announced that the connection of electricity from the mega Julius Nyerere Hydropower Project (JNHPP) to the national grid began In November. The Tanzania Electric Supply Company Ltd. (TANESCO), a government-owned company, said in a statement that trial runs will . . .

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Zanzibar's Dream of a Wind Farm Is Getting Closer
Zanzibar's Dream of a Wind Farm Is Getting Closer
17 October 2023

IN an exciting development for renewable energy initiatives, Aseel Oilfield Services Limited and Sany Renewable Energy conducted a site visit to potential locations for a revolutionary wind farm in Zanzibar. This visit lays the groundwork for the development of the wind farm, which is expected . . .

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Tanzania: Completed Implementation of the First Energy Efficiency Action Plan
Tanzania: Completed Implementation of the First Energy Efficiency Action Plan
17 October 2023

THE government in collaboration with the European Union (EU) and the United Nations Development Programme (UNDP) is finalising implementation of Tanzania's 1st Energy Efficiency Action Plan project. The project seeks to ensure access to affordable, reliable, sustainable and modern energy for al . . .

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Tanzania Witnesses Significant Advancements in Power Generation
Tanzania Witnesses Significant Advancements in Power Generation
16 August 2023

Tanzania has witnessed significant advancement of the electricity industry in the last 5 years, with the commissioning of key power generation projects. These projects have played an important role in expanding the country’s electricity generation capacity, improving access to electricity and . . .

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OFID and Partners Support Tanzania's Renewable Energy Ambitions with USD60 Million Loan
OFID and Partners Support Tanzania's Renewable Energy Ambitions with USD60 Million Loan
3 August 2023

A new USD60 million loan by the OPEC Fund for International Development (OFID) and partners is expected to significantly strengthen energy security in northwest Tanzania. The project will include constructing a 166 km overhead transmission line connecting the Kagera region to the national grid, . . .

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