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BURUNDI: Mpanda Hydropower Project Receives REPP Funding

The Renewable Energy Performance Platform (REPP), a mechanism funded by the British government, has just allocated USD 1 million to Hydroneo East Africa for the implementation of the Mpanda hydroelectric project in Burundi country. The future run-of-river plant will have a capacity of 10.2 megawatt.

More news about the Mpanda hydroelectric project in the province of Bubanza, in the northwest of Burundi. After the investment consultancy Finergreen, the Renewable Energy Performance Platform has announced additional funding for this clean energy project developed by the French company Hydroneo East Africa.
 
The UK government funded renewable energy financing platform, managed by Camco Clean Energy, is providing a USD 1 million development loan to Hydroneo East Africa for the construction of its future hydroelectric plant. This will be a run-of-river plant. Unlike conventional hydropower plants that rely on a reservoir to operate, Hydroneo’s hydropower plant will harness the rapids of the Mpanda River to produce 10.2 megawatt of electricity.
 
Boosting Burundi’s National Power Grid
 
The project “has been designed to help realise Burundi’s national development plan with the construction of health and education facilities. It is a 1st step in our long term partnership with the government of Burundi. We are glad to join forces with Renewable Energy Performance Platform (REPP) and our local partners to meet the growing needs of Burundian families and businesses,” says Hydroneo’s CEO, Samuel Zekri.
 
The Mpanda hydropower plant will supply 10 per cent of the electricity to the Burundian water and electricity board. According to Power Africa, most of the country’s current capacity of 34 megawatt comes from (domestic) hydroelectric power. The remainder comes from an installed thermal capacity of 6 megawatt, a grid-connected solar plant of 400 kWp, as well as hydropower imported from the Democratic Republic of Congo (DRC).
 
Financial closure in 2022
 
According to the same source, Burundi’s electricity demand has reached 100 megawatt in 2020. This explains Gitega’s efforts in recent months to increase the countries installed capacity. In April 2021, the Burundian government validated the project to build 2 hydroelectric power stations on the Mulembwe and Ruvyironza rivers. These facilities will inject 10.65 megawatt into Burundi’s national electricity grid.
 
Hydroneo, which is already well advanced in the development of its Mpanda project, needs USD 43.5 million to build the future facilities. The Paris, France-based company expects to reach financial closure of its project in 2022, to launch the works which will last between 12 and 18 months.
Source : www.abafnz.com
Posted On: 6/21/2021 12:00:00 AM

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