Bennie Muberwa Mushumbusi
Development of an Integrated Business Plan for a Photovoltaic Modules Assembly Plant in Tanzania
Railway Signalling and Telecom’s Engineer, Electrical Engineer
Experience with the MBA Renewables
"Time management may be a big challenge for individuals working and attending this course. On needs to dedicate a minimum of two (2) hours daily for this course, if a student have to learn and perform well".
Advice for future students
"MBA Renewable Program was very comprehensive supported with good lecture and lecture materials. It is a good recipe for individuals to be involved in Conversional and Renewable Energy projects of large scale. After completing this course, I am confident to handle many project of such nature".
Abstract of the thesis
|The purpose of this research is to develop an integrated business model plan proposition to assemble photovoltaic modules in Tanzania. All photovoltaic modules (PV) being utilized in the country and neighbouring countries of Democratic Republic of Congo (DRC), Malawi, Zambia, Uganda, Rwanda and Burundi are imported mostly from China. The need for PV modules is increasing day by day due to awareness of the availability and free energy exploited from the sun and means to convert this energy into electric power has increasing become known tremendously.|
There has been a lot of initiatives by the government to introduce macro structural adjustments for economic development in the region to attract investments in various areas, yet not a single PV assembly plant venture has been established. Having such plant locally brings a lot of benefits including making PV-modules readily available, avoidance of counterfeit, creating employment, which helps to alleviate poverty and promoting quality of life in the rural settlements away from utility grid. In addition, having such venture will greatly support mitigation initiative on environmental degradation, ultimately the country becoming less dependent on imported PV-modules.
This study applied various methods and techniques such as financial, market, and economic analysis, and determination of key performance indicator (KPIs) using financial parameters and ratios, while integrating the assessment of the environmental impact in rural Tanzania and neighbouring countries, which to a large extent has influenced the decision for the business model being proposed.
To address the research problem, qualitative and quantitative data were collected and collated to establish the viability of the business proposition. The investment model developed by the prospecting investor –Tanzanite Solar Company Ltd. (TSCL), is mainly based on the local macro economy, the local and neighbouring countries’ markets depending on the market potential and competition, the choice of technology, the country’s tax structure and the financing arrangement.
Alike, studies done else-where with or without success have been reviewed in this research, in anticipation to uncover possible impact negating or promoting use of solar energy, creating local employment, reduce dependence on imported PV-modules and reduction of greenhouse gases (GHG) due to deforestation.
Keywords: reduction of greenhouse gases, availability of free energy, mitigate environmental degradation, deforestation, rural communities, counterfeit, integrated business plan model, photovoltaic modules assembly plant, Tanzanite Solar Company Ltd.