Tembo Power has signed an agreement with water infra developer WK Construction to jointly develop the US$50 million run-of-river hydropower projects located in Burundi.
The agreement will also involve WK Construction as the preferred engineering, procurement, and construction (EPC) contractor for the 7.5 MW Dama and 12 MW Siguvyaye hydro plants. The company's investment arm, WK Power, will own a minority equity share in the projects.
Dama and Siguvyaye are expected to reach financial close in the third quarter of 2021.
Country updates
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February 27, 2020
EIB signs financing grant for 147 MW Ruzizi III HPP project in Africa
The European Investment Bank (EIB) has entered into an agreement with the Democratic Republic of Congo, Burundi, and Rwanda for the EUR9.1 million (US$9.89 million) grant for the Ruzizi III...
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January 27, 2020
Construction begins at 7.5 MW solar plant in Mubuga
Gigawatt Global’s 7.5 MW solar plant in Burundi is to become the first grid-connected project supported by the Renewable Energy Performance Platform (REPP) to begin full construction. The projec...
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December 19, 2019
AfDB grants financing to support 9 MW solar-hydro hybrid project
The African Development Bank-managed Sustainable Energy Fund for Africa (SEFA) has approved a US$990,000 grant to support the preparation of a 9 MW solar-hydro hybrid project in Burundi. The project c...
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August 06, 2019
IPS, SN Power awarded 147 MW Ruzizi III hydropower project
The governments of Burundi, the Democratic Republic of Congo (DRC) and Rwanda have signed an agreement with IPS, the industrial and infrastructure development arm of the Aga Khan Fund for Ec...
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February 01, 2017
Gigawatt Global held a ground-breaking for the project, which is expected to be connected to the grid by the final quarter of 2017
