Renewable energy players meet in Kigali
Rwanda hosts Renewable Energy for Sustainable Growth conference in a bid to showcase technology with an aim to scale up renewable energy, CNBC Africa spoke to Ivan Twagirashema, Chief Executive Officer at Ngali Holdings.
Thu, 19 Oct 2017 10:08:59 GMT
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AI Generated Summary
- Rwanda's focus on improving grid infrastructure to distribute generated electricity efficiently and reach underserved rural areas.
- The shift towards prioritizing transmission infrastructure development to support energy transmission and cross-border transactions.
- The need for African countries to benefit from declining global solar panel costs and ensure fair procurement processes in renewable energy projects.
Rwanda recently hosted the Renewable Energy for Sustainable Growth conference in Kigali, bringing together key players in the renewable energy sector to network, deliberate, and showcase cutting-edge technology. The event was organized by EPD Energy Private Developers, an association representing all energy companies in Rwanda under the private sector federation. The conference aimed to facilitate matchmaking between local companies in Rwanda and international players from China, India, and Europe. With over 60 companies from around the world participating, the gathering highlighted Rwanda's commitment to expanding its renewable energy capacity.
One of the key issues discussed at the conference was Rwanda's installed capacity exceeding its energy consumption, signaling a gap in energy distribution rather than production. Ivan Twagirashema, CEO of Ngali Holdings, emphasized the importance of enhancing the grid infrastructure to ensure that generated electricity reaches all areas of the country. He noted the potential for renewable energy solutions like solar home systems to bridge this gap by providing electricity to rural areas without extensive transmission line investments.
Twagirashema highlighted the shift in focus from energy generation to transmission infrastructure development, emphasizing the need for a robust electricity grid to support independent power producers and enable cross-border energy transactions. He acknowledged the declining costs of solar panels globally but stressed the need for Africa to benefit from these cost reductions. He urged local governments to be vigilant in procurement processes to ensure fair pricing and technological advancements are reflected in renewable energy projects.
While acknowledging Rwanda's progress in addressing these challenges, Twagirashema emphasized the importance of continuous efforts to stay abreast of global market trends. He emphasized the need for effective negotiation strategies to leverage lower prices and drive down project costs. Looking ahead, he outlined Rwanda's energy mix, which includes hydro, solar, and methane gas projects to meet the country's energy needs.
In terms of on-grid power production, Rwanda is focusing on large and small-scale hydro projects, with plans for an 80-megawatt pit project. Additionally, the country is exploring methane gas opportunities for diverse applications beyond electricity generation. Twagirashema underlined the potential for methane gas to fuel petrochemical industries, produce fertilizers, and support various industrial processes.
While methane gas remains a viable option in Rwanda's energy mix, Twagirashema emphasized the importance of diversifying its use to maximize economic benefits. He suggested that methane gas could serve multiple sectors, including commercial and household applications, highlighting the need for a strategic approach to resource utilization.
The Renewable Energy for Sustainable Growth conference showcased Rwanda's leadership in renewable energy innovation and commitment to driving sustainable development through strategic partnerships and technological advancements. The event underscored the importance of collaboration between local and international stakeholders to accelerate the transition to a greener and more resilient energy landscape in Rwanda and beyond.