A $350-million deal to finance an 80 MW peat-to-power project in Rwanda, which will improve access to electricity for the three-quarters of the country’s population that is currently off the grid, has reached financial close. The power plant, which is expected to increase installed capacity in Rwanda by 40%, will use the country’s significant peat reserves to improve the national installed generation capacity. Despite its status as one of Africa’s fastest-growing economies, only 25% of …
Source: www.engineeringnews.co.za
Landmark 80 MW peat-to-power project in Rwanda reaches financial close
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