Unlocking solar capital begins in Kampala, May 31
The Unlocking Solar Capital (USC) conference, is scheduled to take place in Kampala, Uganda on 31 May and 1 June 2023.
It is a significant event in the solar energy sector, jointly organized by the Global Off-Grid Lighting Association (GOGLA) and Solarplaza, in partnership with the Ugandan Ministry of Energy and Mineral Development and local solar industry associations.
The USC Africa conference aims to address the challenges and explore solutions related to the lack of electricity access for millions of people in Africa.
Despite recent efforts to improve access to electricity, approximately 600 million Africans still live without electricity. The development of affordable solar energy technologies offers hope, particularly in rural areas where extending the national electricity grid may be less cost-effective.
The event will bring together a diverse range of stakeholders including policy makers, service providers, regulators, independent power producers (IPPs), and development finance institutions.
The goal is to foster collaboration among impact and climate-related development finance institutions, venture capital and commercial companies, project developers, and service and product providers.
Financial institutions such as the African Development Bank (AfDB) with its Sustainable Energy Fund for Africa (SEFA), Dutch investor Triple Jump, and Power Africa (an initiative of the US government’s USAID) are among the expected attendees. These institutions play a crucial role in supporting the deployment of both large- and small-scale solar energy projects in Africa.
The USC Africa conference will cover various segments of the solar industry, ranging from solar home systems to large-scale solar power and solar mini-grids. By bringing together key stakeholders and facilitating collaboration, the conference aims to unlock capital and accelerate the adoption of solar energy solutions in Africa, particularly in underserved areas.
Overall, the USC conference in Kampala serves as an important platform for knowledge sharing, networking, and exploring opportunities to address the energy access challenges in Africa through solar energy solutions.