How will Mozambique's new energy storage system work?

The project is the first IPP in Mozambique to integrate a utility scale energy storage system and includes an upgrade to the existing Cuamba substation. Electricity will be sold through a 25-year power purchase agreement with EDM.

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 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 are Globeleq & source Energia doing in Mozambique?

Globeleq and Source Energia are also developing one of the first wind projects in Mozambique located near the town of Namaacha 40km west of Maputo. In addition, Globeleq has recently pre-qualified to compete for the 40 MWp Dondo solar power project in Sofala Province and has been selected for two 15MWp solar projects in neighbouring Eswatini.

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 Cuamba solar power plant?

“The Cuamba Solar Power Plant project aims to increase energy availability in the country through both public and private investments, with growing contribution from renewable energy sources; and addresses a strategic objective outlined in the Government’s Five-Year Programme.