Energy & Renewables

Powering Uganda's
Next Decade

Uganda runs on 2,099 MW today — 95% of it renewable — and the Government's ambition is 13,644 MW by 2030. Closing that gap is a EUR 15.5 billion investment agenda, with EUR 8.2 billion to be mobilised from private capital.

Bankable 20-year PPAs, a curated project pipeline and a full EU de-risking stack put European investors first in line. The Uganda–EU Business Forum 2026 is where that pipeline meets European capital, technology and engineering.

Uganda Energy at a Glance

Installed capacity today2,099 MW
2030 ambition13,644 MW
Renewable share of grid95%
Investment envelope€15.5 bn
Private capital to mobilise€8.2 bn
Guaranteed PPA duration20 years

Sources: MEMD · National Energy Compact (Mission 300) · ERA REFiT Schedule

€15.5bn
Investment envelope to 2030
€8.2bn
Private capital to mobilise
13,644MW
2030 ambition (from 2,099 MW)
95%
Renewable national grid
60→85%
Electricity access by 2030
20yr
Guaranteed PPAs (UETCL)

The Opportunity

Why European Capital,
and Why Now

Uganda's renewable energy investment case is not theoretical. It is grounded in policy, regulation, revenue frameworks and EU support infrastructure that reduce risk and accelerate time to return.

📄

Bankable 20-Year Revenue

Standardised PPAs with UETCL — a government-backed bulk purchaser — eliminate off-take risk for 20 years, with currency and inflation protections embedded. REFiT tariffs sit above each technology's levelised cost.

⚖️

Investor-Protective Law

The Investment Code Act (2019) guarantees protection against expropriation, free profit repatriation and ICSID dispute resolution — plus a One-Stop Centre issuing an Investment Licence in 48 hours at no cost.

🛡️

EU De-Risking Stack

EFSD+ guarantees, EIB co-financing, KfW GET FiT premiums and MIGA political risk insurance form a blended package available exclusively to EU-backed projects — reducing cost of capital by 200–400 bps.

🌍

900m Consumer Market

EAC, COMESA and AfCFTA membership plus the Eastern Africa Power Pool mean generation projects can export power regionally, diversifying revenue well beyond the domestic PPA.

🧾

Double Taxation Agreements

DTAs in force with Denmark, Italy, the Netherlands, Norway and the United Kingdom substantially reduce tax on dividends, interest and royalties repatriated to European parent companies.

🤝

Full EUSBH Support

Free on-demand services: regulatory navigation, due diligence on Ugandan counterparts, facilitated authority introductions and Deal Room matchmaking. EU investors are not entering Uganda alone.

Focus Sectors

Choose Your Entry Point

Three sectors anchor the Forum's investment pipeline. Each has its own project list, tariff framework and European capability match. Open a sector to see the detail.

Beyond the Focus Sectors

EU support extends across the whole energy value chain — and European development finance institutions already have an active track record in every one of these segments in Uganda.

Solar PV — 5,200 MW pipeline
Battery storage — 800 MW BESS
Cogeneration — 200 MW bagasse
E-mobility — ElectriFI invested
Energy efficiency programmes
Transmission & distribution
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