What is Mozambique's new energy grid?

Located in Niassa province, one of Mozambique’s most underserved provinces with an electrification rate of just over 20 per cent, the $36 million project will provide clean energy to 18,000 households and support the creation of local jobs. The project marks a significant milestone as the first IPP grid-scale storage plant in sub-Saharan Africa.

What energy sources are available in Mozambique?

Mozambique has abundant energy sources available for exploitation. As of 2021, the country was ranked first in energy potential of all the countries in the Southern African Power Pool (SAPP), with an estimated energy capacity of 187,000 MW. Available energy sources include coal, hydroelectricity, natural gas, solar energy and wind power.

Does Mozambique need electricity?

as committed to univer-sal access to electricity by 2030. To achieve these goals Mozambique needs affordable and sustain-able electricity. It is endowed with a mix of energy – hydro, coal, natural gas, solar and wind – well in excess of what is needed to eet its internal elec-tricity demand for decades to

What is Mozambique's energy potential?

The centrepiece of Mozambique’s energy potential is the Cahora Bassa Dam on the upper Zambezi. Financed and constructed by an international consortium at the close of the colonial era, it was designed in cooperation with South Africa’s national power company to produce electricity largely for South Africa, not Mozambique.

What is the price of electricity in Mozambique?

Mozambique, September 2022: The price of electricity is 0.127 U.S. Dollar per kWh for households and 0.080 U.S. Dollar for businesses which includes all components of the electricity bill such as the cost of power, distribution and taxes.

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.