Back to Industry News
Cleantech

Rwanda Updates Energy Policy to Boost Renewables

Heartspace News Desk
Rwanda's government introduced an updated energy policy on February 17, setting new investment targets. The policy revises the 2015 framework to address current energy sector challenges. Rwanda estimates it needs Rwf2.5 trillion to develop diverse energy resources. The plan supports UN Sustainable Development Goals for universal energy access by 2030. It also aligns with Rwanda's broader development visions for 2035 and 2050. The policy prioritizes expanded energy access and a transition to cleaner sources. It encourages private sector investment in energy projects, from construction to maintenance. Hydropower remains a key focus, currently providing 27% of Rwanda's electricity. Over Rwf1 trillion is already invested in hydropower development. The government earmarked Rwf100 billion for solar power initiatives. It also allocated Rwf500 million for wind energy feasibility studies. Plans include expanding waste-to-energy facilities. The nation will also manage methane extraction from Lake Kivu, which now generates 82.4 MW. The policy aims to reduce reliance on imported energy by utilizing Rwanda's domestic resources.

Read the Full Story

This summary is based on the original article. Read the complete story for more details.

Read Original on Source

Related Topics

Rwandaenergy policyrenewable energyhydropowersolar powerLake Kivu

Share Your Thoughts

(0 comments)

Be the first to share your thoughts on this article!

Stay Updated