First solar plant to construct in Uganda

ACCESS Power MEA, a power project developer focused on the Middle East and Africa, will develop Uganda's first solar power plant. Through its subsidiary Access Uganda Solar Limited the company will build, own and operate the 10 MWp solar photovoltaic ("PV") facility in Soroti, Northeastern Uganda. Once complete, the plant will generate over 18 million KWh per year, providing sustainable energy for more than 40,000 Ugandan households.

Stephane Bontemps, Managing Director of Access Power MEA said: "The US$17 million project will be the largest solar Independent Power Project in Sub-Saharan Africa excluding South Africa. The project is expected to reach financial close in June 2015 and commence commercial operations by December 2015. The tariff for the project over the period of 20 years will be USDc 16.38per kWh. However, the end users in Uganda will only pay USDc 11 per kWh through the electricity tariff while the remaining cost will be paid by the GET FiT Solar Facility."