French energy giant, TotalEnergies, has launched a plan to produce renewable energy in Uganda with a planned capacity of 1000 megawatts by 2030. The company is partnering with Winch Energy Ltd, a leading developer of off-grid energy systems in Africa on the initiative.

The two companies will develop projects in solar, wind and other forms of green energy. TotalEnergies recently signed a Memorandum of Understanding (MoU) with the government of Uganda to give regulatory and other forms of support for the projects.

Uganda is richly endowed with an abundance of renewable energy resources, which are fairly distributed throughout the country, but lack of investment is stifling the country’s power generation potential. The country has significant electricity generation potential from hydropower, solar, wind and geothermal energy sources.

According to Uganda’s National Development Plan III, the country aims to have 1,500 mini-grids installed in the next five years, rising to 2,700 mini-grids by 2030.