DAR ES SALAAM — Tanzania is targeting 8,000 megawatts of electricity generation capacity by 2030, with renewable energy expected to account for 75 per cent of the country’s power mix.
Energy Minister Dr Juma Homera reaffirmed the target at the International Power & Energy Tanzania Expo and Solar Expo in Dar es Salaam, highlighting the role of investment in expanding the country’s energy infrastructure.
The government has allocated TZS2.4 trillion to power infrastructure and development projects in the 2026/27 financial year, accounting for 97.5 per cent of the Energy Ministry’s budget.
Private investment is also expected to play a greater role, including through public-private partnerships.
The expansion creates opportunities beyond electricity generation itself.
Businesses involved in engineering, construction, equipment supply, transportation, installation, maintenance and energy technology could benefit from increased activity across the power sector.
The renewable-energy target also creates space for companies providing solar systems, energy-efficiency solutions, batteries, technical services and other technologies supporting the transition towards a larger renewable-energy market.
Tanzania’s renewable share of the power mix is expected to rise from 61.8 per cent to 75 per cent by 2030.
For Tanzanian businesses, the expansion of electricity infrastructure could also have effects beyond the energy sector.
More reliable power can support manufacturing, cold-storage operations, agriculture, digital businesses and other productive activities that depend on consistent electricity.
The energy investment programme therefore has implications for the wider economy, particularly for companies positioned to supply infrastructure projects or use improved electricity access to expand their own operations.
The scale of the government’s target means the business opportunity is unlikely to be concentrated among power producers alone.
It could extend across the broader supply chain, creating demand for local contractors, equipment suppliers, technical specialists, technology companies and maintenance providers.
As Tanzania works towards 8,000MW of generation capacity, the expansion of the power sector could therefore become an important driver of investment and business activity across the wider economy.
