Camco’s Curren, who has participated in the design of feed-in-tariff regimes in a number of African countries, including South Africa, Uganda and Botswana, says that the high returns likely to be earned by the pioneer investors are arguably appropriate, given the level of risk these investors have taken, which has involved a material amount of predevelopment capital. . . Botswana, for instance, is likely to set a project limit of 5 MW, while the capacity limit for a single project under Uganda’s feed-in tariff is 20 MW.
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