The African Development Bank (AfDB) and other development partners have committed $91.25m, under a loan agreement signed with ContourGlobal, to developing the 25 MW Kivuwatt power project in Rwanda, which is expected to cost $142.2m.
The Kivuwatt project is an integrated methane gas extraction and power production facility. The AfDB financing will target Phase 1 of the project, which involves gas extraction using a floating barge located 12.5 km offshore from the city of Kibuye, while the extracted gas will be further processed and pumped ashore for use in a power plant via a submerged floating pipeline.
Power will be generated from methane-powered reciprocating engine gensets.
The project will increase Rwanda’s installed capacity by 40 per cent, and it will also reduce the risk of potentially lethal methane gas eruption from Lake Kivu.
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