Mozambique plans for 60 MW solar deployment
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.
EDP keeps investing in off-grid solar
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.
Europe helps Mozambique design auction mechanism for renewables
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).
Mozambique launches $500 million electrification program based on hydro, solar, microgrids
The government of the eastern African nation has revealed plans to bring power to remote areas in the provinces of Maputo, Gaza, Inhambane, Sofala, Manica, Tete, Zambézia, Nampula, Niassa and Cabo Delgado.
IFC finances Mozambique’s first solar plant with $55 million
The 40 MW project, which is being developed by Norwegian developer Scatec along with investment fund KLP Norfund Investments, is the country’s first large-scale solar facility.
