Groundbreaking on solar field in Burundi

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From OMEGA SSUUNA in Bujumbura, Burundi
BUJUMBURA, (CAJ News) – THE largest private international investment in the power sector in Burundi in nearly three decades has been launched amid pomp and fanfare in the capital Bujumbura.
The 7,5 megawatt (MW) solar field that will add 15 percent to the East African country’s generation capacity.
Gigawatt Global, the leading frontier solar and social development enterprise, announced the $14 million pioneering project in one of the world’s least developed nation.
“Empowering economic and social development is at the heart of our green energy business,” said Michael Fichtenberg, Vice Preside for Finance and Business Development of Gigawatt Global.
“This high impact development investment supported by leading international financial institutions signals that Burundi is open for development and business.”
Come Manirakiza, Burundi’s Minister of Energy and Mines, expressed excited at the groundbreaking of the Gigawatt Burundi solar field.
He said after their success in Rwanda, Gigawatt Global had proven it can be relied on to deliver efficient, clean renewable energy at reasonable cost, contributing greatly to our economy and society.
“We look forward to the speedy completion of this project, and are thankful for the collaboration and cooperation with Gigawatt Global as energy in Burundi is a clear priority,” Manirakiza.
Gigawatt Global, an American-owned Dutch developer, is a founding member of the White House Power Africa initiative and financed and developed the first commercial scale solar field in continental sub-Sahara Africa (outside of South Africa) in neighboring Rwanda in 2014.
The project in Burundi has been supported by a grant from the Energy and Environment Partnership (a Finland, UK, Austrian fund) and the Belgian Investment Company for Developing countries (BIO) to cover the relevant studies.
It is also supported by African-EU Renewable Energy Cooperation Programme (RECP) and the Renewable Energy Performance Platform (REPP), currently engaging in project due diligence.
CAJ News

Short URL: http://cajnewsafrica.com/?p=17577

Posted by on Jan 20 2017. Filed under Africa & World, Energy, Featured, Finance, National, Regional, Solar & wind. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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