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Investment Opportunities: ENERGYRwanda’s energy sector is currently dominated by biomass, diesel and hydro with renewable sources expected to gain more prominence by 2017. Exploration and extraction of energy from methane gas and peat are ongoing. These are areas open to investors. Rwanda currently produces 85 MW of electricity with a customer base of 175,000 customers. This represents a 10% connectivity rate to the grid. By 2017, Rwanda intends to have 50% connectivity and electricity production of 1000 MW. This twelve fold increase in electricity production will be attributed to a dramatic increase in installed capacity of methane gas, geothermal, energy, regional hydro and peat Rwanda’s ambitious energy objectives are based on commitment to create a world class energy sector that caters to the needs of a growing private sector and that provide a basis for sustainable growth given our responsibility to the continued well being of our citizens and the environment they live in. Rwanda is turning green with a target of 90% of energy expected to be from renewable sources and 246,000 ha of forest allocated for carbon credits. Current ProjectRwanda Energy CompanyProject Description: Extraction of methane gas from Lake Kivu and generating electricity and by products.
Current Status: Ongoing extraction and power plant tests of the pilot phase Investment Amount: US$16M Investment Mode: Joint Venture Equity Proposed Structure: Equity: 30% |
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