The project is developed under the KfW led GET FiT facility, which is a dedicated support scheme for renewable energy projects managed by Germany’s KfW Bankengruppe in partnership with the government of Uganda through the Electricity Regulatory Agency (ERA). Uganda ’s upcoming Tororo Solar Energy project will provide 10 MW of power and will be constructed with a budget of $ 14.7 million . Uganda has an electric consumption rate of 18.2 % , with a lack of consistent and affordable electrical supply hindering the country ’s growth . The project will be developed and managed by multinational energy company Building Energy , with the funding provided by the Dutch development bank FMO . A total of 50 % of the funding was syndicated to the Emerging Energy Infrastructure Fund .
Uganda ’s upcoming Tororo Solar Energy project will provide 10 MW of power and will be constructed with a budget of $ 14.7 million . Uganda has an electric consumption rate of 18.2 % , with a lack of consistent and affordable electrical supply hindering the country ’s growth . The project will be developed and managed by multinational energy company Building Energy , with the funding provided by the Dutch development bank FMO . A total of 50 % of the funding was syndicated to the Emerging Energy Infrastructure Fund .