1. INTRODUCTION
The last few years have seen project developers and sponsors
investing in and developing renewable energy projects in emerging
markets. This has particularly been the case in South Africa,
following the successful Renewable Energy Independent Power
Producer Programme initiated by the Government of South Africa, as
well as the Small Projects Independent Power Producer Programme
which is now also in progress.
Project developers can now look forward to investing in and
developing solar projects in Uganda, with the advent of the Global
Energy Transfer Feed-In-Tariff "GET FiT" Uganda Programme
(the "Programme"), which is aimed at
providing clean energy to East African nations. The Programme seeks
to facilitate a reduction in CO2 emissions and to increase
electricity access to households within Africa. While the concept
of a feed-in tariff was applied to other technologies in this
Programme, this component of the Programme is based on the concept
of a