Ncondezi Energy Ltd has announced the launching of a feasibility study for its 300 MW solar and storage project in northern Mozambique. The facility will be built within the Ncondezi mining concession in the districts of Moatize and Chiuta in Tete Province and will cover an area of 25,000 ha of land. The chosen site is one of three preferred locations identified by the African company, each with a generation potential of approximately 500 MW.
The feasibility study, which is expected to take four months, will be carried out by engineering services and technical consultancy firm WSP Group Africa (Pty) Ltd.
The solar park will connect to the Mozambique grid and be able to supply the first power to the grid as early as 2024.
The Government of Mozambique (GOM), acting through the Ministry of Mineral Resources and Energy (MIREME), has extended the deadline for the Mphanda Nkuwa Hydroelectric Project in Tete Province.
Read moreGreat Lakes Africa Energy (GLAE) has signed a Memorandum of Understanding (MoU) with the Government of Mozambique to construct a 250 MW gas-fired power plant in the country at an estimated value of US$400 million.
Read moreSasol Limited and Electricidade de Moçambique (EDM) have successfully refinanced the Central Térmica de Ressano Garcia S.A. (CTRG) joint venture project, a 175 MW gas-fired power plant in Mozambique. EDM holds a 51% stake in the project, with Sasol holding the remaining 49%.
Read moreIFC, a member of the World Bank Group has announced a landmark financing package of US$55 million to build Mozambique’s first utility scale solar PV plant, which will help increase electricity sector climate resilience and deliver power to rural areas. It includes US$19 million from IFC’s own account, US$19 million from Climate Investment Funds, and a syndicated loan of up to US$17 million.
Read moreThe National Petroleum Institute (NPI) has announced that the government of Mozambique, which has vast offshore gas resources, has awarded gas development projects in the Rovuma gas basin to Norway's Yara International, Shell Mozambique and GL Energy Africa.
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