enPower.life solar energy: A powerful solution to cushion spiking electricity prices in Uganda due to Ukraine war
21th April 2022
We have big news to share: enPower.life has ordered the solar panels and inverters for the 35 kWp solar plant for the sustainable business community Yujo Izakaya in Kampala, Uganda. We spoke to Hanif Rehemtulla, the founder and director of Yujo Izakaya. In the video he gives insights into how the war in Ukraine has affected the prices for electricity and wheat products in Uganda. As CEO of the Yujo Izakaya restaurant, after which the business community is named, he is looking forward to the upcoming installation of the solar plant: It will improve independence and help all companies to remain profitable, save costs, and lower CO2 emissions.
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Prefer reading to watching a video? Sroll down for the transcript!
I’m Hanif from Yujo Izakaya. I’m reaching out to give you an update on the solar plant installation for Yujo Izakaya. We have some great news this week: the contract has been signed with Equator Solar [enPower.life’s partner company, specialized in the installation of solar plants in East Africa] for our roof – yay! The first funds have been collected and the orders for the solar panels and the inverter have been placed. If all goes well, we’ll have everything up on the roof in a few months, and we’re thrilled! We are really overjoyed that our solar plant is coming soon.
We are experiencing a lot of pressure on prices for various things for the Yujo Izakaya restaurant. The prices for wheat and wheat flour have risen sharply. A lot of the grains for Uganda and East Africa come from Ukraine. And so the Ukraine war affects the price of the flour that goes into our pasta, our dumplings, and other items on our menu. Prices have only just started to go up and I think they will continue to do so throughout the year.
Energy costs have been hit even harder; the oil and gas prices and the resulting electricity prices. This is due to the use of fossil fuels for electricity production in Uganda, and this has a significant impact on our energy prices. So the installation of this solar system will really make a big difference, for us and for the tenants throughout the site; to offset the amount of carbon we put into the environment and keep our costs down for all of our businesses. So we are very much looking forward to the enPower.life solar plant coming soon.
And for those of you who are still considering investing sustainably – we hope you will take the opportunity to participate in the last investment round. We are really looking forward to this project. The solar panels will be installed right here on this roof behind us. I’m recording from up here with the three roofs as you can see. Here above the brewery Banange Breweries and Yujo Izakaya is where everything will sit and all the electricity will be produced for us by the sun. See you soon, I’ll be back with more info soon.