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OFF-GRID SOLAR UGANDA ACCELERATION

Signature(s)

Amount
€ 10,629,251.7
Countries
Sector(s)
Uganda : € 10,629,251.7
Energy : € 10,629,251.7
Signature date(s)
27/07/2020 : € 10,629,251.7
Link to source

Summary sheet

Release date
30 September 2019
Status
Reference
Signed | 27/07/2020
20180642
Project name
Promoter - financial intermediary
OFF-GRID SOLAR UGANDA ACCELERATION
FENIX INTERNATIONAL UGANDA LTD
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
USD 12 million (EUR 11 million)
USD 25 million (EUR 23 million)
Location
Sector(s)
  • Energy - Electricity, gas, steam and air conditioning supply
Description
Objectives

The project will finance Fenix International's deployment of solar home systems in Uganda.

The solar home systems are composed of a solar panel, a central unit (including battery storage, an energy management system/ charge controller and communication technology) and several appliances and will be sold on a payment plan basis to individual beneficiaries located in Uganda under pay as you go contracts.

Environmental aspects
Procurement

The operation is expected to have overall significant positive environmental and social impact by providing clean energy to households that are currently un-served or under-served by the grid and mostly reliant on polluting and dangerous energy sources. Limited negative environmental impacts could arise from health & safety issues related to the inappropriate handling of batteries (notably at the time of disposal) and disposal of old devices (e.g kerosene lanterns, candles, flashlights and generators for lighting). Considerable e-waste is only expected to arise from the operation in five to seven years and the promoter is looking into potential process of e-waste handling schemes in the country/in the region, to ensure the maximisation of the re-use of some components, whilst ensuring the appropriate handling of more polluting items like batteries.

The promoter will have to ensure that the implementation of the project will be done in accordance with the EIB's Guide to Procurement.

Link to source

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Documents

Environmental and Social Data Sheet (ESDS) - OFF-GRID SOLAR UGANDA ACCELERATION
Publication Date
24 Dec 2019
Document language
Main Topic
Lending
Document Number
123372833
Document Focus
Environmental Information
Project Number
20180642
Sector(s)
Countries
Publicly available
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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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