PV energy storage project financing options in Burundi 2030

How much solar power is available in Burundi?

Hydropower: 1,700 MW of potential. 300 MW are economically possible (“Burundi” 2022). Solar: Average daily solar insolation is 4–5 kWh/m2/day, indicating strong solar potential for Burundi (“Energy Profile Burundi” n.d.). There is a growing number of households, businesses, schools, and health clinics using distributed, off-grid solar.

What is the primary energy supply in Burundi?

The remainder of the primary energy supply is from oil (“Burundi Energy Profile” 2021). However, a majority (98%) of the renewable energy supply in Burundi is bioenergy. The remainder of the renewable energy supply is hydroelectric, and solar power (“Burundi Energy Profile” 2021).

What can a Burundi Energy Center do?

For example, such a center in Burundi could focus on funding and implementing solar-plus-storage technologies for rural and remote households. The 2015 Electricity Act enables foreign investments into the power sector. In addition, laws in Burundi allow tax benefits for energy investment and public-private partnership.

Why is private sector development a problem in Burundi?

Private sector development is constrained by an unattractive business climate, weak governance, and high dependence on foreign aid. Utilization of tariffs is considered a strength; however, tariffs in Burundi are considered high and ineffective.

How much does electricity cost in Burundi?

Average power prices in Burundi are among the most expensive in the world, some sources citing the average tariff at USD 0.31/kWh (“REGIDESO to Nearly Triple Electricity Tariffs” 2017).

Which region of Burundi has a high potential for wind energy harvesting?

Another study found that the Bujumbura region has a high potential for wind energy harvesting (Placide, Lollchund, and Dalso 2021). Geothermal: According to the Burundi Ministry for Energy and Mines, the Rift Valley region of the country is likely to have geothermal potential (Manirakiza 2012).