TOTAL Tanzania Limited has plans to expand its investment into renewables with a strategic focus on solar energy and bio-energies, an initiative that could boost the country's energy pool necessary for economic growth.
The giant oil firm is also the lead sponsor of the construction of 1,445km crude oil pipeline from Hoima District in Uganda to the port of Tanga in Tanzania, the longest of its kind in the world expected to cost $3.5 billion.
The pipeline will be constructed and operated through a Pipeline Company East Africa Crude Oil Export Pipeline (EACOP), with shareholding from the Tanzania Petroleum Development Corporation, Uganda National Oil Company and the three oil companies, CNOOC, TOTAL and TULLOW.
The pipeline expected to be completed in 2020 would have capacity to carry a daily 216,000 barrels of crude oil for export.
Total's investment on renewables is complimenting government efforts to generate sufficient electricity for smooth implementation of the industrialisation drive and assuring off grid population access reliable and cost efficient power.
Currently, the government is executing natural gas power projects at Kinyerezi area in Dar es Salaam and has initiated 2,100MW Stiegler's Gorge power project expected to be completed over the next 36 months.
The vice-president for Total East and Central Africa, Mr Jean Christian Bergeron, said Total intends to invest even more within the country, with particular emphasis on renewables besides the huge investment in the Uganda-Tanzania crude oil pipeline and the recent launch of Total Excellium for Petrol and Diesel in Tanzania.
"For Total contributing to the development of renewable energies is as much a strategic choice as an industrial responsibility," he said, adding, "we are doing our part to diversify the global energy mix by investing in renewable, with a strategic focus on solar energy and bio-energies."
By 2035, the share of solar and other renewables in the global energy mix is expected to increase to 20 per cent from just nine per cent now.
Total is a major shareholder with controlling power in SunPower, which is one of the world largest solar renewable energy companies in the world.
"Through SunPower and Total Solar, our cutting-edge expertise is present across the entire value chain, from manufacturing photovoltaic cells to developing utility-scale plants and installing solar home systems," he said.
He added: "In 2016, we acquired Lampiris and Saft, a leading provider of energy storage solutions, thereby confirming our strategic expansion in gas and power marketing activities."
On his part, Mr Tarik Moufaddal, Total Country Chair and Total Tanzania Managing Director, said the firm had recently launched Total Excellium and that it was committed to providing better energy across the country.
"The use of Total Excellium in the country shows our commitment to providing our customers with the highest quality services and products across our nationwide network by delivering vital and tangible benefits," he said.
Total Tanzania is active across the marketing chain with a retail network of 32 service stations and lubricant, aviation fuel and general retail businesses.
It has an estimated market share of 10 per cent.