DAR ES SALAAM, May 30 -- TANZANIA is seeking to mobilise 32tri/- (approximately 12 billion US dollars) in financing to scale up renewable energy projects and realise its ambitious target of generating 75 per cent of electricity from renewable sources by the year 2030.

This was revealed on Thursday by the Energy Commissioner from the Ministry of Energy, Mr Innocent Luoga, during the official opening of the Renewable Energy Week in Dar es Salaam.

Mr Luoga said the government has so far attained 61 per cent investment in the renewable energy sector and is working closely with stakeholders to raise the share to 75 per cent within the next five years.

“In order to successfully implement projects geared at boosting renewable energy gen...