Mozambique commences construction of new solar power plant
03-11-2020 09:26:00 | by: Pie Kamau | hits: 4953 | Tags:

Mozambique’s President H.E. Filipe Nyusi and the French Ambassador to Mozambique David Izzo launched construction for the country’s second photovoltaic solar power plant, located in Metoro, north of Mozambique.

The Metoro power plant project will be achieved through a partnership between Mozambique’s Ministry of Mineral Resources and Energy, state-owned Electricidade de Moçambique and French renewable energy developer Neoen. The project is funded by PROPARCO and Agence Française de Développement Group – which granted a $40 million loan for the construction of the solar power plant – and is expected to improve access to renewable electricity in the country and reduce the country’s greenhouse gas emissions.

“France, through Agence Française de Développement Group, is very proud to be contributing to financing the construction of this solar power plant. It should be noted that the loan from AFD and PROPARCO comprises a concessional tranche, made possible by the financial contribution of the French State, to optimize the proposed tariff and provide local support to the positive environmental and social benefits of this project,” said David Izzo.

The new power plant will have a capacity of 41 MW and will transmit over 60 GWh of additional renewable electricity into the grid annually, providing 135,000 Mozambicans access to reliable and renewable electricity, job opportunities and transfer of skills.

www.africaoilandpower.com