Energy and Natural ResourcesUganda

Kampala-Entebbe Expressway Solar Farm Development

Development of a 50MW solar photovoltaic farm along the Kampala-Entebbe Expressway corridor in Uganda. The project will utilize underutilized land adjacent to the expressway to generate clean energy for Uganda's national grid. The facility will include solar panels, inverters, and grid connection infrastructure. Uganda has excellent solar irradiation levels (5.1 kWh/m²/day) and growing electricity demand driven by industrialization. The government offers attractive incentives including 10-year tax holidays for renewable energy projects, duty exemptions on equipment, and guaranteed power purchase agreements. The project supports Uganda's target to increase renewable energy capacity to 3,500MW by 2030.

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Investment Overview
Capital Required
$85.0M
Expected ROI
16-22%
Timeline
24-30 months
Location
Uganda
Project Description

Development of a 50MW solar photovoltaic farm along the Kampala-Entebbe Expressway corridor in Uganda. The project will utilize underutilized land adjacent to the expressway to generate clean energy for Uganda's national grid. The facility will include solar panels, inverters, and grid connection infrastructure. Uganda has excellent solar irradiation levels (5.1 kWh/m²/day) and growing electricity demand driven by industrialization. The government offers attractive incentives including 10-year tax holidays for renewable energy projects, duty exemptions on equipment, and guaranteed power purchase agreements. The project supports Uganda's target to increase renewable energy capacity to 3,500MW by 2030.

Investment Highlights
  • Strong market fundamentals with proven demand
  • Government support and favorable regulatory environment
  • Experienced local partners with track record
  • Clear exit strategy with multiple options
Sector Information

Sector

Energy and Natural Resources

Market Size

Estimated at $2-5B annually in East Africa

Growth Rate

15-25% CAGR projected through 2030

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