JCM Power was approached by Climate Invest One, a blended-finance facility, to participate as a co-bidder in a 100MW wind power Request for Proposal (RFP) being run by the Tanzania Electrical Supply Co. Ltd. (TANESCO), Tanzania’s state utility. JCM will take a large minority stake of the equity ticket in the project, located 18km northwest of Dodoma, Tanzania’s capital in the center of the country.
With an installed generation capacity of 1,457MW for a population of over 55 million Tanzania’s installed capacity falls roughly 500MW short of the country’s peak demand. Despite an abundance of solar and wind resources, Tanzania’s installed capacity is made up entirely of hydro and thermal sources. Tanzania seeks to vastly increase its solar and wind generation capacity while playing a key role in the region as a member of the East African Power Pool (EAPP).