Seven Unique Business Opportunities and Ideas To Make Money and Make Impact in Growing Renewable Energy Sector In Tanzania

One of the most pressing problems in East Africa is the lack of a constant supply of electricity.

When the power fails it can mean loss of your work on your computer, lost food on your refrigerator, loss of water at your home, or loss of customers for small business owners like barbershops or loss of medical equipment at hospitals.

I strongly believe no one industry can fix our challenge for reliable electricity supply alone. So renewable energy can be only part of the solution. That will play its role, but other energy sources like natural gas, hydropower, are needed.

The simple truth is that more renewable energy means prosperity in our country. Because Tanzanians now have a constant supply of electricity.

They can work longer hours, learn and have access to the internet as well as access to clean water. Because now our water purifications plant never stop producing clean water

Tanzania’s renewable energy sector is crying for new investment. Opportunities in the renewable energy sector in Tanzania are abundant that are awaiting for entrepreneurs to discover and exploit them.

Here are seven opportunities for entrepreneurs who are looking to address pressing problems in the renewable energy sector

1.Provide Training for solar workers
It’s difficult to find qualified people for installing your solar system or panel in Tanzania. The solar industry is growing rapidly, but businesses are struggling to find qualified and trained people with certified training specific to solar panels.

This is huge opportunity for new entrepreneurs who can come in and start training programs for workers and another form of the renewable energy industry. This can help solar workers advance their careers and help the country and move forward in the renewable industry in the country

To make the most of these training programs for renewable energy workers, you need to partner with solar companies to ensure a continued stream of workers.

To attract more students and get attention in the market your training school should emphasize equipping students with the latest industry technology and place them to work at solar companies

2.Provide small wind turbines for customers.
When it comes to renewable energy, wind power is a quick way to provide cheap, clean, and sustainable electricity to Tanzanians.

Opportunities for small wind turbine installers and dealers are abundant.

Variety of opportunities for wind turbine installer including installing small wind tower, designing small wind system and distributing small wind towers

3.Provide affordable and nonpolluting solar Cookers
Food is a human necessity. People cook every day. But the simple truth most Tanzanian prepare food on the stove burning wood, charcoal, and smoke. This leads to further deforestation and great expenses.

And those who cook on LP Gas stoves are finding it expensive to own gas facilities such as gas cylinders and gas cookstoves.

Solar cookers are a cleaner and affordable way to go. By avoiding the use of fuel, new entrepreneurs who offer solar cookstoves can help millions of Tanzanians saves money that can be spent on education and other fundamental.

4.Start Microbe Power business
We don’t have a power shortage in Tanzania. But we do have forms of energy that we are not readily using or don’t utilize properly.

We can convert Microscopic organisms such as bacteria and biomass into electricity and unlock new possibilities in electricity production. We can use microbe to convert them into electricity.

For entrepreneurs who don’t afraid to get their hands dirty. starting and are ready for a new challenge microbe electricity business can be a lucrative venture to pursue.

5.Provide fuel cell for back up electricity, emergency electricity, and mobile power

An unreliable power supply is a major challenge in Tanzania. To stand out, homeowners and businesses install standby diesel generators to ensure they have steady power when the unexpected happens

But the simple truth is that diesel generators are loud, noisy, and polluting and require constant maintenance to ensure are ready to ready to go when power fails. New entrepreneurs can address this need by providing clean backup electricity from a fuel cell.

6.Be chief sustainability officer
Organizations want to know and act on risks and opportunities of environmental issues.

They want to know what does green revolutions means to them? What are the risks and opportunities involved?
You can help businesses deal with risks and opportunities.

You can grab the opportunity by working as a chief sustainability officer at large companies such as large oil and gas companies who are going green to ensure companies comply with local regulations

You can also set up your independent consultancy firm helping organizations go green and build value

7.Start Alternative Fuel Filling Stations
Building alternative fuel stations is a great opportunity to provide cheap affordable and clean fuel for transportations. With the abundant natural gas discovery in the country, setting up compressed natural gas(CNG) fueling stations can be the wise option for entrepreneurs who want to transform our energy use for transportation.

I hope this helps.

Hussein Boffu runs a consultancy helping elite entrepreneurs reach their goals through actionable business planning. Contact him via email at hussein.boffu@tanzanapetroleum.com or by calling, texting, or WhatsApp at +255(0)655376543.