Building Energy opens 10-MWp solar park in Uganda

Building Energy Tororo solar plant, Uganda (PRNewsfoto/Building Energy)

October 16 (Renewables Now) - Italy-based renewable energy company Building Energy has cut the ribbon on its 10-MWp Tororo solar power plant in Uganda.  

The company developed the project and was also responsible for its construction and commissioning. With annual generation of about 16 GWh, the facility will cater to the energy needs of 35,838 people, Building Energy said today.

The solar power plant was developed under the Global Energy Transfer Feed in Tariff (GET FiT) support scheme for renewable energy projects, which is managed by Germany's KfW Development Bank in partnership with Uganda's government. It is funded by the EU-Africa Infrastructure Trust Fund, the governments of Norway, Germany and the UK.

The investment in construction of the solar farm was USD 19.6 million (EUR 16.6m). FMO, the Dutch development bank, coordinated the provision of a USD-14.7-million term loan facility, while the project shareholders provided USD 4.9 million.

(USD 1 = EUR 0.848)

 

Join Renewables Now's free daily newsletter now!

More stories to explore
Share this story
Tags
 
About the author
Browse all articles from Plamena Tisheva

Plamena has been a UK-focused reporter for many years. As part of the Renewables Now team she is taking a keen interest in policy moves.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription
\