The UN estimates that only nine percent of rural Ugandans have access to electricity. In rural areas, up to 90% of the energy consumed comes from burning biomass. Wood fires, used for cooking and heating, pollute the environment, cause respiratory disease, and contribute to rapid deforestation.
While most of Uganda’s hydropower development has focused on large projects that utilize the waters of the Nile River, small hydropower projects have great potential for meeting the needs of rural communities.
One such project is the Ishasha Small Hydropower Project, located on the Ishasha River in Kanungu District, an impoverished, largely undeveloped, mountainous region that is home to more than 205,000 people. The district’s 41,000 households either run inefficient, polluting, and expensive diesel generators or have no electricity at all.
The Ishasha Small Hydropower Project provides the people of Kanungu with clean power, enabling them to take advantage of economic opportunities and improve their standard of living without degrading the environment.
Developed and managed by Eco Power Uganda Limited (EPUL), the plant generates clean, renewable power for the national grid, which generally relies on the burning of oil. The 29.518 GWh of electricity generated by the Ishasha plant will produce approximately 20,000 certified emission reductions (CERs) annually between 2010 and 2021.
We make the project possible by managing the verification process and all CDM communications and actions, from registration to marketing and forwarding of CERs after issuance.
We have also made the first ever trade in International Renewable Energy Certificates (IRECs) from the Ishasha hydropower plant. This trade of 6000 IRECs was made early in 2016 through our retail partner, Natural Capital Partners.
Eco Power EPUL’s parent company is the Eco Power group in Sri Lanka, a firm specializing in the design, construction and operation of small hydropower plants across Africa and Asia.
LED’s Lighting a New Path for Future Sustainability: Part Three
In this final part of our blog series, we will hear from three regions, Uttar Pradesh, Telangana, and Bihar
LED’s Lighting a New Path for Future Sustainability: Part Two
Part two explores C-Quest Capital’s (CQC) efficient lighting program where over 14.5 million LED blubs have already been supplied to over 3 million households. By the end of the program, it will be estimated that up to 50 million LEDs will eventually be installed to many of India’s most rural and disadvantaged communities.
C-Quest Capital Awarded with Best Project Developer: Energy Efficiency
C-Quest Capital has won the ‘Best Project Developer: Energy Efficiency’ and runner-up for ‘Best Project Developer: Public health’ in Environmental Finance’s Voluntary Carbon Market (VCM) Rankings 2022.
LED’s Lighting a New Path for Future Sustainability: Part One
With lighting accounting for 15% of global energy usage and nearly 5% of global CO2 emissions, efficient lighting technologies such as Light Emitting Diode (LED globes) have now been moved into the limelight as an essential technology to move the world closer to net-zero – one globe at a time.
AirCarbon Exchange Partners With C-Quest Capital on First-Ever Auction of LED Carbon Credits
AirCarbon Exchange (ACX), the world’s first carbon negative exchange, has partnered with C-Quest Capital LLC (CQC), the world-leading carbon project developer, for the first-ever auction of carbon credits generated from LED light bulb projects.
BIX Capital And FMO Jointly Provide A USD 10 Million Facility To CQC
BIX Capital and The Dutch Entrepreneurial Development Bank (FMO) are jointly providing a USD 10 million facility to C-Quest Capital to further strengthen its Clean Cooking activities in Sub-Saharan Africa.