How will electricity be sold in Mozambique?

Electricity will be sold through a 25-year power purchase agreement with EDM. The $32 million project will contribute to the Mozambique government’s ‘Energy for All’ strategy, aiming to have universal energy access by 2030. Have you read?

Who is the project EPC contractor for Mozambique?

Spanish company TSK has been appointed as project EPC contractor. Globeleq will oversee the construction of the eventual operation of the power plant, supported by Source Energia. Globeleq, Source Energia and EDM start construction on the first IPP in Mozambique to integrate utility-scale energy storage and solar.

What is Mozambique's 'energy for all' project?

The $32 million project will contribute to the Mozambique government’s ‘Energy for All’ strategy, aiming to have universal energy access by 2030. Have you read? The project is expected to receive $19m of debt funding from the Emerging Africa Infrastructure Fund, which is a member of the Private Infrastructure Development Group (PIDG).

What is Globeleq's first greenfield project in Mozambique?

The US$36 million Cuamba Solar plant is also Globeleq’s first greenfield project in Mozambique and the Group’s first combined solar and storage plant in its operating portfolio.

Will Globeleq compete for a 40mwp Dondo solar project?

Globeleq recently pre-qualified to compete for the 40MWp Dondo solar power project in Sofala Province and has been selected for two 15MWp solar projects in neighbouring country Eswatini.

How will the UK support Mozambique in COP26?

The UK looks forward to continuing to work closely with Mozambique in the run-up to COP26 and beyond, to identify and support opportunities for sustainable, long-term green growth, investment and jobs.”