Mozambique

Two PV plants are set to be built under the Project for Promotion of Auctions for Renewable Energies program, being implemented with the support of Mozambican utility Electricidade de Mocambique, which is likely to be the future off-taker of the solar energy generated.

With power production up 133% year-on-year, revenues and EBITDA also rose significantly.

The IFC and the country’s power utility are planning to build small on-grid solar parks across three to five different sites, and are seeking a project consultant.

Just a day after announcing its entry in the off-grid solar business in Bangladesh, the Portuguese utility agreed to acquire a minority stake in Mozambique’s SolarWorks, a start-up providing pay-as-you-go off-grid PV solutions.

The U.S. Trade and Development Agency (USTDA) has awarded a US$1.2 million grant for a feasibility study assessing the viability of an up to 100 MW solar PV plant, coupled with storage, in Mozambique.

Gogla has released a report showing the positive economic effects of deploying small-scale pay-as-you-go solar systems in off-grid regions. More than half of the survey’srespondents reported having increased economic activity, with many of those starting new businesses or significantly increasing their household income.

Chief executive of Norwegian developer tells markets his company will deliver on 1.5 GW promise by the end of the year – by including any projects it has broken ground on.

Scatec Solar, alongside Norfund Investments and Electricidade de Mozambique have closed financing and begun construction on the first utility-scale solar plant in Mozambique, a 40 MW project to be located close to the city of Mocuba.

The U.S. President’s proclamation provides a path for specific products to apply for exemption from tariffs, which had been sought by both SunPower and the government of South Korea. Additionally, imports from a number of developing nations are exempt as long as import levels remain small.

A €4 million fund will be used to support an initiative launched by the French Development Agency and the country’s power utility Eletricidade de Moçambique, E.P. (EDM).