Uganda and HDF Energy have signed a memorandum of understanding (MoU) to develop a green hydrogen power project in the country. In the jointly released announcement, the capacity of the facility and the scope of the investment were not disclosed.
HDF Energy expects the first green hydrogen power station in Africa, which will cost US$181,3 million, to begin producing electricity in Namibia by 2024.
Uganda currently utilizes hydroelectric and thermal power sources.
Country updates
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July 26, 2022
RIC Energy starts development of 23 MWp Nkonge solar project
RIC Energy, a Spanish solar photovoltaic (PV) project developer, has begun construction of the 23 MWp Nkonge PV farm in Uganda for The Xsabo Group. RIC Energy will remain on site to provide servi...
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June 16, 2022
EAIF extends US$22mn support to 7.8 MW Nyamwamba II hydroelectric power plant in Kasese
Emerging Africa Infrastructure Fund (EAIF), the financing facility of the Private Infrastructure Development Group (PIDG), has structured a US$22 million financing scheme for the Serengeti Energy...
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November 16, 2020
Tullow Oil completes US$575mn sale of Ugandan assets to Total
Tullow Oil plc (Tullow) has completed the sale of its assets in Uganda to Total with US$500 million consideration. Tullow is also due to receive a further US$75 million when a Final Investment Decisio...
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September 10, 2019
Kikagati Power Company reaches financial close for 16 MW hydropower project
Kikagati Power Company has achieved financial close for the US$87 million hydropower project located the Kagera River between Uganda and Tanzania. Emerging Africa Infrastructure Fund (EAIF...
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March 05, 2019
Emerging Africa Infrastructure Fund signs loan for 14 MW hydropower project on the border of Uganda and Tanzania
The Emerging Africa Infrastructure Fund has announced the signing of a US$27 million loan to Kikagati Power Company Limited, which is building a 14 MW run-of-the-river hydro electricity generating sta...
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