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project

NextGen Solawazi

Country
Tanzania
Technology
Hybrid Solar-Genset
Business model
IPP

ElectriFI’s development finance loan of 64,000 to NextGen Solawazi aims to support the development, construction, and operations of a 5MW solar photovoltaic power plant as an Independent Power Producer under the Tanzanian governmental strategy.

Contract signature date: 2017
Total ElectriFI financing: USD 64,015

 

Brief description of the project: NextGen Solawazi is a Tanzanian organization focused on building and operating several large scale solar PV power plants connected to mini- and main grids in remote and rural Tanzania. The company is also committed to scaling up the model across several Sub-Saharan African and small island nations. By providing clean, reliable and more affordable electricity in those areas, NextGen Solawazi aims to boost local activity to help reduce poverty and accelerate development in remote and rural areas. The company’s solar power plants are based on a hybrid model integrating modern PV generation with existing legacy diesel plants. 

Funding objective: The funding will support NextGen Solawazi development, construction, and operations of a 5MW solar photovoltaic power plant as an Independent Power Producer under the Small Power Producer Program in Tanzania. The solar plant is to be connected to the isolated mini-grid of Kigoma region to support the strategic rural electrification efforts of the Government of Tanzania under the SE4ALL initiative of the United Nations and the European Union. The project is (one of) the first solar PV utilities supplying power to an isolated grid at this scale in the region and its success will be an accelerator to future replication of this type of projects in the region. The solar plant will replace and complement diesel generators, having a great positive impact not only on the environment but also on the cost price to the off-taker, the national power utility of Tanzania. Lowering the cost price for such isolated grids will make it more attractive to expand the distribution network to more remote areas. ElectriFI will provide US$ 64,015 in development financing to upgrade the engineering assessment and grid load study that seeks to verify the technical viability of the project.

Why ElectriFi wants to fund this project: This is the first time this type of detailed technical study is being conducted for a legacy diesel–modern PV solar plant connected to an isolated mini-grid. The study report can also be used as a reference or basis for other similar studies in the near future. 

 

At a glance

Impact

Capacity
5MW

Key indicators

Financing instrument
Development financing loan
Amount
USD 64,015
Beneficiary
NextGen Solawazi
Country
Tanzania
Technology
Hybrid solar-genset
Business model
Independent power producer
Year
2017
Facility
ElectriFI global

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