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Dar es Salaam, Tanzania, August 11, 2016 --
IFC, a member of the World Bank Group, today announced the launch of a web portal to speed the development of mini-grids in Tanzania, helping the country boost its energy production and increase access to electricity through renewable sources such as solar and hydro.
The portal, found at
http://www.minigrids.go.tz/
, provides licensing, financing, regulatory, and other information and support to small, renewable power producers in Tanzania who want to sell electricity to consumers, especially to the millions in the country not connected to the main grid.
Establishing the online portal is the latest step in a $5 million program IFC launched in 2015 to help Tanzania implement affordable and reliable renewable energy solutions. IFC’s mini-grid program is being implemented in partnership with the Scaling-up Renewable Energy Program of the Climate Investment Funds.
IFC’s Regional Lead for Energy & Resource Efficiency advisory services, Dan Shepherd, said, “The portal is part of IFC’s wider strategy in Tanzania to increase access to energy, especially to low-income communities that are not connected to the main grid. IFC is at the forefront of designing and implementing new solutions to help increase access to energy in Africa.”
Mini-grids are technically and commercially viable for high-density populations that live outside the reach of the national electricity grid. Tanzania’s government estimates that about half of the country’s rural population could be served by off-grid options in a cost-effective manner, and that mini-grids could benefit 9.1 million people in the country.
The online portal contains information from licensing (which covers the procedures for obtaining the various permits required to develop and operate a mini-grid in Tanzania), to financing, and a tool that maps villages in Tanzania, and provides data on their populations and current electrification status. The portal is being hosted by the Tanzania Rural Energy Agency.
IFC, a leader in renewable energy finance, helps developing countries transition to a low carbon future. Over the past three years, IFC has financed close to $3.5 billion in renewable energy projects worldwide, including biomass, geothermal, hydro, solar, and wind.
About IFC
IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. Working with more than 2,000 businesses worldwide, we use our capital, expertise, and influence, to create opportunity where it’s needed most. In FY15, our long-term investments in developing countries rose to nearly $18 billion, helping the private sector play an essential role in the global effort to end extreme poverty and boost shared prosperity. For more information, visit
www.ifc.org
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About the Scaling Up Renewable Energy Program
The Climate Investment Funds (CIF) are unique financing instruments designed to accelerate transformational change towards low-carbon and climate-resilient development through scaled-up financing channeled through the Multilateral Development Banks, including IFC. The Scaling Up Renewable Energy in Low Income Countries Program (SREP), one of the CIF programs, helps deploy renewable energy solutions for increased energy access and economic growth in the world’s poorest countries. For more information visit
www.climateinvestmentfunds.org
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