In partnership with Ugandan stakeholders, The Africa-EU Renewable Energy Cooperation Programme (RECP) is hosting Ugandan and other African solar photovoltaic (PV) and small hydro power businesses to a trade mission in the capital Kampala. The mission brings leading industry representatives interested in renewable energy solutions to a networking platform to identify new business opportunities, exchange know-how, and find partners for joint business development.
This morning, EU Head of Delegation to Uganda, H.E Kristian Schmidt opened the trade mission, under the theme: Unlocking Business Opportunities for Solar Energy and Small Hydro Power in Uganda, and welcomed representatives of European companies that made the trip from several countries including Germany, Finland, Italy, Spain, Belgium and Netherland.
"This EU trade mission comes as a demonstration of the strong partnership between Uganda and the European Union. We are all committed to support the development of a sustainable energy sector in the country," said Amb. Schmidt.
With a national grid access rate less than 20% in Uganda, combined with significant natural resources of solar and hydro, Uganda presents attractive investment markets for solar PV and small hydro power.
Already, with EU funding, Uganda is now home to the 10 MW Soroti Plant--the biggest solar system in East Africa, inaugurated in December 2016.
The trade mission catered for up to 20 companies from Uganda, five companies from other African countries, and up to 15 European companies from the solar energy and small hydro power sector.
Solar PV has several potential applications including stand-alone or mini/micro grids for businesses and industry. For hydro power, Uganda has considerable potential accumulating over 2,000 MW, with about 60 sites identified for mini hydro with a total potential exceeding 200 MW.
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