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Govt in push to subsidise renewable energy

Rédaction Africa Links 24 with Uganda Monitor
Published on 2024-11-01 04:30:00

The Uganda Energy Credit Capitalisation Company (UECCC) has signed a partnership with 87 companies in a project that seeks to lower the cost of solar and renewable energy.

The project, under the Electricity Access Scale-up Project is financed by World Bank and government of Uganda with a funding of $110m.

It will largely be implemented by UECCC with one of the core mandates being the Price Subsidy Programme for Clean Energy Technologies, under which, lowering prices for off-grid solar systems for lighting and charging, clean cooking solutions and productive use of energy, will be a…

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