Toshiba in Tie-Up on Tanzania Geothermal Development

(Bloomberg) — Toshiba Corp. will work with Tanzania

Geothermal Development Co. to promote geothermal power

generation and human resources development in the African

nation.

The two companies have concluded a memorandum of

understanding, Toshiba said in a statement Tuesday. Tanzania

Geothermal Development is the sole organization with geothermal

exploitation rights in Tanzania, and is a developer and builder

of geothermal power plants.

Tanzania has the third-largest geothermal resources in

Africa, though the country relies on hydro and fossil fuels for

about 97 percent of its power supply, according to the

statement. The country plans to increase its total power

generation capacity to 10,000 megawatts by 2025 from 1,577

megawatts, Toshiba said.

Toshiba has supplied 52 geothermal turbine generators

globally, including North America, Southeast Asia and Kenya, the

Tokyo-based company said. Their total power generation capacity

is about 3,400 megawatts, representing the world’s biggest share

in geothermal electricity generation at 26 percent, according to

the statement.

To contact the reporter on this story:

Chisaki Watanabe in Tokyo at cwatanabe5@bloomberg.net

To contact the editors responsible for this story:

Reed Landberg at landberg@bloomberg.net

Iain Wilson, Indranil Ghosh

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