Tanzania: CIF provides geothermal finance

Issue 351 - 28 Jul 2017 | 1 minute read

The Climate Investment Funds (CIF) has approved a $21.7m facility to finance development of the Ngozi geothermal steam field in south-west Tanzania, eventually adding up to 823GWh/yr to the grid. The $5m loan and $16.73m grant come from the CIF’s Scaling-up Renewable Energy Programme. Tanzania has around 15 geothermal sites with an untapped estimated potential of 650MW, and Ngozi is planned as a showcase for the technology. Exploratory test drilling will be conducted and steam-gathering infrastructure installed at the Ngozi site.

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