Increasing international interest in development in Tanzania

Increasing international interest in development in Tanzania Lake Ngozi, Mbeya, Tanzania (source: flickr/ Sara&Joachim, creative commons)
Alexander Richter 26 Jun 2013

With Geothermal Power Tanzania having already progressed on initial drilling in Tanzania, there is increasing interest and rumours about Japanese and Icelandic developers interested in development in the country.

Yesterday, we reported on the activities of company Geothermal Power Tanzania Ltd. and their plans for the development of up to 140 MW of geothermal power generation capacity. There are now news of Japanese and Icelandic players that are interested to develop geothermal projects in the country as well.

There are a total of 15 areas with the potential for geothermal development, according to the Minster for Energy and Minerals in Tanzania. Estimated temperatures that could be found for these resources are 220 to 250 degrees Celsius.

While the Minister did not disclose the names of the interested players from Japan and Iceland, it can be assumed that players already invested in geothermal activities, such as Icelandic geothermal developer Reykjavik Geothermal are among those.

Source: The Guardian via IPP Media