Does Globeleq have a solar plant in Mozambique?

Globeleq's acquisition of the 41 MW plant significantly expands its renewable energy footprint in Mozambique. It also comes just weeks after the company began commercial operations at a 19 MW solar and 7 MWh storage project in Cuamba.

What is central solar de Mocuba?

Central Solar de Mocuba has increased Mozambique’s energy generation capacity by 40 MW and will produce approximately 79 GWh per year. The project’s strategic location will reduce energy transmission losses and improve the security of energy supply in northern Mozambique and stabilize the grid.

Will Mozambique get a solar power plant in 2023?

Future tenders are expected to be announced in Q4 of 2023, including the selection of two independent power producers for two 30 MW solar photovoltaic power plants and one 50 MW wind power plant. But Mozambique has an enormous challenge that spreads far beyond where the national grid ends.

Who built Mozambique's first large-scale solar power plant?

Capital and expertise from Scatec Solar, KLP and Norfund enabled the construction of Mozambique’s first large-scale solar power plant. Central Solar de Mocuba (CESOM) provides over 79 GWh of electricity annually, which is equivalent to the electricity consumption of more than 170,000 households in Mozambique.

Can Mozambique take full advantage of its solar potential?

In a new monthly column for <b>pv magazine</b>, SolarPower Europe describes how Mozambique may take full advantage of its huge solar potential by implementing its recently launched Renewable Energy Auctions Programme for large-scale projects, while also pushing for more off-grid renewables in remote areas.

Who owns central solar de Mocuba?

London-based Globeleq has acquired a 75% stake in the 41 MW Central Solar de Mocuba PV plant in Mozambique. The company, which specializes in developing, operating and acquiring interests in power facilities on the African continent, purchased a 52.5% stake in Mocuba from Norway's Scatec and a 22.5% share from fellow Norwegian group KLP Norfund.