Solar key to Mozambique’s renewables ambitions
Investor interest grows as government prioritises diversification of energy sources and development of clean power
Mozambique’s electricity sector is marked by contradictions: it is a major exporter of power to its neighbours yet under half of its population enjoy access; it is blessed with vast resources of sunshine and wind but has less than 100MW of installed non-hydro renewables. However, the situation is changing. Numerous independent solar power projects (IPPs) are at varying stages of development, backed by an array of international development finance institutions compensating for the wariness of commercial banks to become involved with a heavily indebted government. Recently appointed economy minister Max Tonela—previously holder of the energy portfolio and one-time finance director at state-own
Also in this section
23 October 2024
Next government faces the difficult task of balancing decarbonisation ambitions with energy security realities
21 October 2024
Gulf Energy Information will host the largest women's event in the energy industry on 19–20 November in Houston, Texas
10 October 2024
The Gulf Energy Information Excellence Awards 2024 celebrated the industry's top innovators at a gala in Houston, recognising achievements in categories ranging from digital transformation to sustainability
4 October 2024
Boost for CCUS and blue hydrogen projects as government confirms funding for HyNet and East Coast clusters