NEWS
Solarise Africa Secures €1 Million EEP Africa Funding to Accelerate Expansion into Uganda and Zambia
Solarise Africa has been awarded €1 million in funding from the Energy and Environment Partnership Trust Fund (EEP Africa) to support the expansion of its proven solar leasing model into Uganda and Zambia.
Matched by €1 million in co-financing from Solarise Africa, the grant forms part of a €2 million, 24-month programme that will establish operations in both markets and deploy decentralised renewable energy solutions for commercial and industrial businesses and social institutions.
The project targets the deployment of 3 MW of new renewable energy capacity, including solar PV, battery storage and, where appropriate, heat pump technologies.
The programme is designed to demonstrate how a proven combination of renewable energy technology, long-term financing and local partnerships can address one of the most persistent constraints facing African businesses: access to energy that is reliable, affordable and increasingly sustainable.
By the end of the project, Solarise Africa targets 3 MW of new renewable generating capacity, with the commissioned systems expected to deliver measurable improvements in energy reliability for participating businesses and institutions.
Under the project’s contractual milestones, Solarise Africa will report and verify at least 4.5 GWh of renewable electricity generation and 3,600 tonnes of avoided CO₂ emissions across the project.