Commonwealth Business Council to fund street lighting solar project

THE Commonwealth Business Council (CBC) and SOL, Inc; an American outdoor solar lighting engineering company have introduced the technology onto the local market.

The partnership seeks to close the local power supply deficit and cut the huge monthly electricity bills on street lighting.

Aziz Baguma, the SOL East Africa partner, said under the partnership, CBC would finance up to 85% of the total solar street lighting project, while clients pay the 15% through a loan payable over seven to 10 years.

Kampala City Council Authority (KCCA) would for example be required to pay only 15% of the $10m (about sh26b) required to replace its high pressure sodium lights with solar technology in the Central Business District, covering 120 kilometres.

The authority reportedly spends over sh1.4b on street lighting annually. This implies that KCCA would save up to 75% of its total expenditure, but earn more revenue of up to over sh6b from improved street light advertising technology annually.

Author: Jiande Zhuoyuan Craft Co., Ltd.
Website:http://www.hzzhuoyuan.com/
Main Product:solar lighting