What is the solar PV project in Burundi?
The solar PV project in Burundi is a 7.5 MW plant located in Mubuga. Interconnection is expected in Q3 , which will increase Burundi's installed electricity capacity by 14%.
How much electricity will Songa energy supply in Burundi?
They will supply over 62 GWh of clean, baseload electricity to the national grid annually. Songa Energy is part of Anzana Electric Group’s broader portfolio in Burundi. This includes Weza Power – an electricity distribution utility that aims to connect over two thirds of the population (around 9 million people) over the next 7 years.
Who is behind inspired evolution's solar PV project in Burundi?
Christopher Clarke, Managing Partner at Inspired Evolution, congratulated all parties involved in getting the project to this stage for their part in realising a high development impact solar PV generation plant in Burundi.
How will a new energy project boost the country's energy generation capacity?
The financing will support the construction of the 1.65MW Upper Ruvyironza project and the 9MW Upper Mulembwe project – together, they will boost the country’s energy generation capacity by around 10% and will start supplying the national grid in and respectively.
How is the Gigawatt project in Burundi funded?
The project's funding includes a matching construction bridge loan and equity investment from Evolution II Fund, managed by Inspired Evolution Investment Management. Further equity funding is provided by the project developer and co-sponsor, Gigawatt Global Coöperatief. The balance of the funding is also from these sources.
Burundi B
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