The European Investment Bank (EIB) has recently signed a $12.5 million loan agreement with Fenix International, the subsidiary of the French group Engie. Through this financing, the solar home systems provider aims to electrify 1.4 million people living in rural areas in Uganda. According to the European Investment Bank (EIB), only one in five Ugandans […]
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Chinese state-owned energy conglomerate China Energy Engineering Corp (CEEC) has revealed plans to develop 500 MW of solar generation capacity in Uganda. The announcement, made to the Hong Kong Stock Exchange, did not reveal any details on either project locations or development partners but mentioned a $500 million framework agreement to provide engineering, procurement and […]
China Energy Engineering Corporation (CEEC) plans to build 500MW of solar PV in Uganda at a cost of $500 million. A subsidiary of China Gezhouba Group Corporation, China Gezhouba International Company, will be the sole engineering, procurement and construction (EPC) contractor of the PV system, which will be built in two phases. The EPC contract […]
BARCELONA: Electricity providers in Uganda are teaming up to find a new business model to boost the speed and efficiency of getting power to those living without it, in the hope it can be copied in other parts of Africa and Asia, project backers said Tuesday. About 1 billion people worldwide still lack access to […]