Z-One Holding and French Tryba Energy to install a 10 MW PV plant in Uganda
Post date: 30/05/2017 - 19:02
ZT Energy, the UAE based Joint Venture Company formed by Z-One Holding of Dubai and Egypt, and Tryba Energy of France, has signed through their local company called Emerging Power Uganda Limited (EPU), a power purchase agreement (PPA) with Uganda Electricity Transmission Company Limited (UETCL) in Kampala.
The 10 MW PV project will be built in Bufulubi, village of the Mayuge District in the Busoga Kingdom of Uganda, where EPU leased a 100-acre land directly from the Kingdom. According to the company, this agreement is very different from any other signed in Uganda. The agreement was signed at the Feed In Tariff of ¢11 per kWh without any additional fees covered by the GET FIT Program and that will remain fixed for the entire PPA period. The agreement thus provides the lowest fee that a solar developer is to be paid in Uganda.