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UECCC Signs Partnership to Lower Cost of Solar and Renewable Energy in Uganda

Nov 01, 2024•over 1 year ago

Contract Type

partnership

UgandaEnergyRenewable EnergyBiomass Energy

Description

Uganda Energy Credit Capitalisation Company (UECCC) has signed a partnership with 87 companies for the Electricity Access Scale-up Project financed by the World Bank and the government of Uganda, with a funding of $110m. The project aims to lower the cost of solar and renewable energy, with a focus on providing subsidies for clean energy technologies.

Company Information

Company

Uganda Energy Credit Capitalisation Company (UECCC)

Location

Uganda

About

UECCC is a government-owned company that seeks to catalyse financing for renewable energy projects and increase access to clean and modern energy services.

Predictive Intelligence
Strategic

ML-powered predictions for Uganda Energy Credit Capitalisation Company (UECCC)'s next move

Learn about Strategic plan

Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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