TAREA LEARNING EVENT ON TANZANIA FINANCE ACT 2022
On 30th June 2022, the United Republic of Tanzania’s Ministry of Finance and Planning enacted amendments to some sections of the Finance Act, amendments that came into effect on 1st July 2022. Some of the amended sections affected the renewable energy sector.
There was a need for the members of TAREA to understand the amendments and how to comply with them.
Tanzania Renewable Energy Association (TAREA) invited the Tanzania Revenue Authority (TRA), and the Experts from the wing of Consumers Education to translate the amendments and inform the HS Codes of the solar technologies.
Members were presented with all amendments and explained in the detail the newly inserted section 85.07 that introduced Excise Duty on lead acid batteries, charged at 5% for locally manufactured lead acid batteries and 10% for imported ones.
Thanks to the financial contribution provided by USAID through Shell Foundation and GOGLA.
Impacts of Solar Water Pumping: Case of Preiswerk Girls, Ifakara
Tanzania Renewable Energy Association (TAREA) partnered with URBIS Foundation, a German NGO to support the Preiswerk Girls Secondary School, in Ifakara, Tanzania with a solar photovoltaic pumping system 1.2kWp that delivers 20,000 litres of water per day.
The school used a diesel generator to run the water pump. The cost of running a diesel generator made the water supply at the school unreliable. The students had to collect water from the stream near the school. The water from the stream was not safe, Students were often sick from typhoid and Urinary Tract Infections (UTI).
Also, the use of a diesel generator polluted the environment through the emissions of greenhouse gases.
The installation of the solar water pumping system changed the lives of the girls. The water which is pumped from the protected water borehole is safe and has resulted in the eradication of typhoid and UTI. The girls can live hygienically.
Preiswerk Girls plant trees and grow vegetables. The emission of 14,086KgCO2/year has been avoided.
Listen to the witness from the school by clicking here.
TAREA Participates in Implementing Renewable Energy Training Program for Uganda
Tanzania Renewable Energy Association (TAREA) participates in the realization of the “Uganda Capacity Development Program for Renewable Energy” financed by Sida and implemented by LIFE Academy of Karlstad, Sweden. TAREA has been a partner of LIFE Academy in implementing training programs since 2013.
The main objective of the training program is to contribute to strengthening the conditions for investments in renewable energy and energy efficiency, with in-depth technical skills to provide modern and sustainable energy systems in Uganda. This includes all forms of renewable energy such as solar, wind, hydro, bio (including waste-to-energy) and geothermal energy. The Renewable Energy Program is thus expected to contribute to poverty reduction through increased access to affordable and reliable renewable energy and access to electricity for people living in poverty.
On-site training in Entebbe
25 energy experts in Uganda are participating in the training that runs from February 2022 to January 2023.
TAREA participates in another renewable energy training program implemented by the LIFE Academy “Global Capacity Development Programme on Renewable Energy” which consists of participants from Ethiopia, Kenya, Mozambique, Rwanda, Tanzania, Zambia, Zimbabwe and Uganda.
Renewable Energy Actors Dialogue with Banks on Unlocking Sector Financing in Mainland Tanzania
<p>TAREA in cooperation with Fraxen Consult Ltd conducted the dialogue between banks and the renewable energy entrepreneurs. The facilitation of the event was done with the financial contribution from C.S Mott Foundation.</p> <p>On 5th May 2022 renewable actors met the banks operating in Tanzania to dialogue on “unlocking renewable energy financing”. The dialogue attracted financial institutes of Cooperative Rural Development Bank (CRDB), Maendeleo Bank, Mwalimu Development Bank, Equity Bank, TIB Investment Bank and National Bank of Commerce (NBC). The meeting was proceeded by the Learning Event in whic...</p>
TAREA Signs MoU with NABA
Tanzania Renewable Energy Association (TAREA) and the Norwegian African Business Association (NABA) signed a Memorandum of Understanding on 7th May 2022 to promote renewable energy collaboration between Norway and Tanzania.
The MoU aims to promote the energy collaboration through:
- Exchange of information related to renewable energy projects and developments in Tanzania and Norway;
- Providing each other with information about investment and cooperation opportunities in the renewable energy sector. The Parties will also assist in identifying business partners and investors;
- Exchanges of visits and research by delegations in both countries.
- Organizing training, seminars/webinars on matters about investment, trade development and technology and
- Provision of information about related companies and the introduction of legal and consulting services to each other.
The signing of the MoU was witnessed by the Permanent Secretary for the Ministry of Energy Eng. Felchesmi Mramba and Ambassador of Norway in Tanzania Her Excellency Ambassador Elizabeth Jacobsen.