Demand for power attracts investors to Rwanda energy sector

Nyabarongo hydro-power plant generating 28MW. PHOTO | CYRIL NDEGEYA |

High feed-in tariffs coupled with ready market could boosts investments in renewable energy as the country seeks to reduce the reliance on expensive fossil fuels.

According to a recent Power Purchase Agreement (PPA), which the government signed with GigaWatt Global Rwanda Ltd, Rwanda Energy Group (REG), a government power company, is paying 50 per cent more for solar energy produced by the independent power producer and added onto the national grid.