Tanzania: Mini-grid model
Issue 313 - 04 Dec 2015
Jumeme Rural Power Supply Ltd has attracted considerable interest for its independent solar photovoltaic (PV) hybrid mini-grid project in rural Tanzania. Although its first mini-grids are only being rolled out this month – with a view to installing 28 by end-2017 – Jumeme has already been awarded the Sustainable Energy Fund for Africa’s ‘Power Transaction of the Year’ award for East Africa. Jumeme – owned by German developer Inensus, Austria’s Terra Project and Tanzania’s St Augustine University – has mobilised E9.7m in private equity and grants, and E6.7m of long-term debt to cover its initial E16.4m capital expenditure.
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