Mozambique Energy Storage Project Investors

Why is Mozambique acquiring 25-30 MW of solar PV?

The procurement of 25-30 MW of solar PV is the first stage of implementation of the program which will contribute to the diversification of Mozambique’s power mix and improve power supply quality, whilst ensuring low-cost energy for Mozambican end users

Why should you invest in the Cuamba solar and storage plant?

“The Cuamba solar and storage plant will provide greater energy security and stability in this region of Mozambique and marks a turning point for the Cuamba district. Globeleq, Source Energia and EDM have all invested in this project – a public-private partnership that demonstrates the confidence of international investors in Mozambique.

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.

What is a get fit Mozambique tender?

The tender is promoted by the Ministry of Mineral Resources and Energy (MIREME), with funding from the Government of Germany, through the KfW Development Bank, under the GET FiT Mozambique program, and is implemented by the Energy Regulatory Authority (ARENE).