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Abu Dhabi Summit: Rugunda Pitches for Investment in Uganda’s Renewable Energy

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Abu Dhabi Summit: Rugunda Pitches for Investment in Uganda’s Renewable Energy

by Our Reporter
January 14, 2019
Abu Dhabi Summit: Rugunda Pitches for Investment in Uganda’s Renewable Energy

Prime Minister Rugunda speaking at the 9th Assembly of the International Renewable Energy Agency (IRENA) in Abu Dhabi, UAE on Sunday.

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ABU DHABI – Uganda’s Prime Minister, Dr Ruhakana Rugunda has appealed to the international business community to invest in Uganda’s solar, geothermal and other forms of clean and renewable energy.

The Prime Minister said this during the 9th Assembly of the International Renewable Energy Agency (IRENA) in Abu Dhabi, United Arab Emirates (UAE) where he is representing President Yoweri Museveni.

Rugunda was speaking at the High Level segment of the Assembly of over 100 countries on Sunday.

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Related: PM Rugunda in Abu Dhabi to Attend Renewable Energy Summit

In making a case for Uganda in regard to ease of doing business, the Prime Minister highlighted the enabling policy and legislative environment in the country, conducive for investment in the sector.

“As a country, we have put in place relevant policies, laws and regulations that enable us to refocus on renewable energy development,” Rugunda told delegates at the Assembly.

The Prime Minister informed the meeting that currently, the total installed capacity is 970MW of which about 90% is renewable , largely comprised of large hydropower installations.

He explained that of recent, a lot of advancement in the use of solar power plants has picked up, with plants set up in a number of places such as Tororo, Soroti Plants of 10MW each and a newly installed at a place called Kabulasoke of 20MW.

Putting into consideration that Uganda’s electrification rate that stands at about 27%, Dr Rugunda said that more energy is needed from renewable energy sources.

“To advance the electrification rate, Uganda has launched the free electricity connection policy and   embarked on a drive to extend electricity to every sub-county countrywide. By 2020 the installed Generation capacity will be close to 2012MW, largely from renewable energy sources. We aim to more than triple the current electrification rate by 2030,” he said.

The Prime Minister also said that by associating with IRENA, Uganda has benefited, amongst others, from renewable energy resource assessments under the Africa Clean Energy Corridor initiative.

“We have received capacity building on long term energy planning and created strong bilateral collaborations such as the Solar simulator which uses our town of Kasese as a pilot. Uganda finds IRENA a useful and relevant partner in many ways and we look forward to deepening this productive partnership even further.”

While in Abu Dhabi, Prime Minister Rugunda also paid a courtesy call on Sheikh Mohammed bin Zayed bin Sultan Al-Nahyan, the Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE’s Armed Forces. The two discussed ways of deepening relations between Uganda and UAE.

Tags: assemblyclean energyease of doing businessgeothermalinvestmentIRENANewsrenewable energyRuhakana RugundaSoft Power NewssolarUganda

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