The funding that the South Korean government is providing is under the Economic Development Cooperation Fund in the country and will be offered interest-free for 40 years, which also includes a grace period of 15 years.The three solar plants are also part of South Korea's plans to support eco-friendly plans in Africa.The government has also stated that it will offer training for the operation of the plants and the maintenence works as part of the entire deal to have trained local personnel with the know-how.
The three solar plants are to be developed to provide 400 to 500 kilowatts of power and will be situated in Niassa, which is located in the northern part of Mozambique. Niassa has a population of just over a million and is also one of the provinces that is badly hit by power failures and lack of electricity.
The electricity infrastructure in Mozambique is largely under-developed in the rural areas with statistics showing that as little as two percent of rural dwellers have access to electrical power. The urban population also has to deal with irregular power supplies. The South Korean government has stated that it is interested in extending its services and funds to development and establish eco-friendly infrastructure in other African provinces as well.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.