Uganda is set to commission a 10 Mega Watts solar power plant in the Eastern Uganda Town of Tororo on October 16th, 2017. The Tororo Solar North PV Power plant was built by Germany’s KfW Bankengruppe in partnership with the Government of Uganda through the Electricity Regulatory Agency (ERA).
It is financed by the European Union Infrastructure Trust Fund and supported by the Governments of Norway, Germany and the United Kingdom. FMO acted as Mandated Lead Arranger for the syndicated loan, 50% of which was syndicated to the Emerging Africa Infrastructure Fund.
The solar PV power plant is majority owned by Building Energy, which is also responsible for operating it. “During its operational life, the Tororo Solar North solar PV power plant is expected to generate 14 GWh of clean energy per year, and will support in strengthening Uganda’s grid in the east of the country,” reads a statement from the company.
The solar PV power plant will serve the equivalent of 36,200 people via generation and has an annual avoided GHG rate of 7,400 tCO2eq. Building Energy is a multinational company operating as a Global Integrated IPP in the Renewable Energy Industry on four continents.
This is the second solar plant of this magnitude to be constructed in Uganda. In December last year, government commissioned another 10MW solar power plant in Soroti district. The USD 19 million (67 billion Shillings) facility sits Opuyo parish and is expected to generate clean energy and serve 40,000 homes, schools and businesses in the area.
The project was developed under the Global Energy Transfer Feed in Tariff (“GET FiT”), a support scheme for renewable energy projects managed by Germany’s KfW Development Bank in partnership with the Electricity Regulatory Agency (ERA).