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Monday, 16 January 2017

EU wants EAC to invest more in solar

East African states have been asked to invest more resources in the development of renewable power projects like solar energy where the region has a better comparative advantage as compared to Hydropower which is more expensive to finance. Development partners say the climate conditions in some countries within the community such as Uganda supports the development of solar power but the country has not yet exploited such opportunities which have kept Uganda depending too much on Hydropower and biomass as sources of Energy. Speaking during the commissioning of the US$ 19 million solar photovoltaic project in Soroti, Eastern Uganda, the Head of European Union delegation in Uganda Ambassador Kristain Schmidt said Uganda is conducive for solar power development because of the climatic conditions and the regulatory framework. “Uganda is a good place to invest in solar energy. The regulatory framework is conducive and the government rightly recognizes Uganda’s energy future must be renewable. It is great that this is now triggering private sector interest in solar power generation the government should continue attracting more investors to invest in solar power generation in the country because Uganda has many sites where the major plants can be established to generate more renewable energy,” Schmidt said. The Soroti Solar Power Plant is considered as the biggest solar power plant in the region. It is made up of 32,680 photovoltaic panels and generates 10 megawatts of power. It is the first facility to be connected to the national grid, which is expected to supply low carbon electricity to over 40,000 homes and business in the area. This is according to experts from Access Uganda Solar Limited, a joint company between EREN RE and Access power which owns the Soroti plant. Commissioning the plant, Uganda’s Minister of state for Energy Eng. Simon D’Ujanga said the government will continue working with the private sector with the support from the development partners to diversify the country’s power sector.

Source: www.busiweek.com