Energy Abu Dhabi’s Masdar to develop solar, wind projects in Tanzania By Pramod Kumar August 7, 2022, 11:06 AM Creative Commons Masdar-TANESCO joint venture will explore development of projects with a total capacity of at least 2GW megawatts. Joint venture with TANESCO will initially explore to build 2GW projects TANESCO aims to add more renewable energy sources to national grid Abu Dhabi’s Masdar has signed an agreement with Tanzania Electric Supply Company Ltd. (TANESCO) to develop renewable energy projects with a total capacity of up to two gigawatts (GW). Through a joint venture, the two companies are initially targeting the development of renewable energy projects with a capacity of about 600 megawatts (MW), starting with solar photovoltaic (PV) and onshore wind, WAM, the UAE state-owned news agency, reported on Friday. The venture will further explore the development of projects with a total capacity of at least 2,000 megawatts. Abdulla Zayed, head of business development and investment at Masdar, said that the two companies are working together to support Tanzania’s sustainable development and to provide a secure, clean source of energy. The deal signifies Masdar’s commitment to the Tanzanian market and the nation’s energy transition, supporting the target to reach 5GW capacity by 2025, he added. Tanzania’s utility provider TANESCO is aiming to increase renewable energy sources to the national grid to meet the country’s growing demand for power. The Tanzanian government is targeting an electrification rate for the entire country of 75 percent by 2035, the report said.
