Rift Valley Energy at a Glance
Rift Valley Energy Ltd. (RVE) is a renewable-energy project development company, dedicated to develop, own and operate renewable energy infrastructure projects in Eastern and Southern Africa. RVE is a wholly owned subsidiary of Rift Valley Corporation, a Zimbabwean headquartered, Sub-Saharan agriculture enterprise with activities in tobacco, timber, bananas and agricultural trading.
To date, RVE has made significant progress, establishing 1) a total of 4.6 MW of generation capacity in Zimbabwe and Tanzania, and 2) building a wide ranging rural distribution network in the Mwenga and Kihansi area, servicing a Distribution License area of about 1,000 km2, comprising a population of over 60,000 people and over 13,000 households.
In Tanzania, RVE is currently working on a project pipeline of about 147 MW, including hydro, wind and solar, all at different stages of development. In the Southern Highlands alone, RVE is planning to invest in three hydros, one wind and one solar project, with an accumulated generation capacity of 17 MW and the potential to supply a total of 7,000 rural households with green, grid quality electricity through connected rural distribution networks. To be able to best serve its growing rural customer base, RVE has established its own rural distribution company, Mwenga Power Services Ltd. (MPS) former Rural Power Developemnt Ltd). MPS buys electricity from RVE generation units, and onwards sells the electricity under its own brand (Mwenga Power) to its rural customers.
Fully committed to its developmental impact in then region RVE teamed up with a UK based NGO (Energy 4 Impact) and is currently rolling out a three year “Productive Use of Electricity Programme”.
Through this programme, local small businesses will receive assistance to help them overcome the technical and financial hurdles (e.g. though business planning and access to finance), which prevent them investing in commercial electrical appliances that can help them to a) generate a better income for their families and b) save the environment through the use of a clean and sustainable energy source (instead of fossil fuels).
- Are designed as profitable and therefore sustainable business models preferably with majority RVE shareholding.
- Strictly focus on local, renewable energy resources
- Develop grid connected or island mode energy solutions, involving state of the art electricity vending technologies (i.e. cellular based vending systems for remote rural customers)
- Integrate regional and local energy infrastructure development initiatives
- Work together with local communities to best service their expectations and needs
- Actively assist in developing local institutional frameworks to best integrate IPPs into national energy policies.
RVE Service Brand
Rift Valley Corporation – Head of Energy Platform,
Technical Director and Co-Founder of Rift Valley Energy
Zimbabwean, Mechanical Engineer
25 + years work experience in Africa
Responsibilities: Management of the Rift Valley Energy Platform, Project Development & Implementation, Financing and Budget Control.
Director, Corporate and Strategic Affairs,
Co- Founder of Rift Valley Energy
10 + years of work experience in Africa
Responsibilities: Legal counselling, Development/Concessional Fund Raising, Carbon Funding, Public Relations.
Rift Valley Energy Group Financial Manager
Tanzanian, Certified Public Accountant
9 years of work experience with Rift Valley Energy
Responsibilities: Group Financial Management, Risk & Tax Management, Procurement & IT Oversight, Corporate & Human Resource Management
Chairman of the Board, Rift Valley Corporation
Head of Energy Platform, Rift Valley Corporation
Technical Director, Rift Valley Energy
Director, Corporate and Strategic Affairs, Rift Valley Energy
CFO, Rift Valley Corporation
Vice President, Hoegh Capital Partners
Financial Director, Northern Tobacco