Modelling and Optimization of Clean and Affordable Electricity Solution for Small-Scale Savings and Credit Cooperatives (SACCOs)

Renewable energy exploitation is among the development strategies set by government of Rwanda on roadmap to 2023/2024 universal electricity access and United Nations plans 2030. Numerous previous studies clean technologies in have mostly focused households’ usage but there are currently no describing feasibility for financial institutions. The skepticism renewable Africa was previously reported some personnel. Having realized that most SACCOs (Savings Credit Co-Operatives) use diesel technology backup/emergency supply, taking consideration abundant solar resources Rwanda, having seen viability from other countries different institutions (financial included); this work uses HOMER Energy Software load profile a typical SACCO analyse affordability on-site generation Rwanda. results reveal PV system with storage can be optimal solution (with levelized cost (LCOE) 0.713 $/kWh which cheaper than 0.73 technology) located both off-grid areas grid-connected 0.041 LCOE lower current tariff Rwanda). findings serve as basic tools/materials policy drafters how contribute climate change mitigation through self-renewable exploitation.