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
12 November 2024
Standards have been agreed for a mechanism under Article 6.4 of the Paris Agreement to trade carbon credits internationally
8 November 2024
The energy sector will need all viable technologies to meet surging demand as AI and datacentres drain power grids
31 October 2024
Russia still aspires to become a major supplier of hydrogen, CO₂ storage capacity and carbon credits, despite financial constraints and the loss of Western technology and expertise
30 October 2024
Occidental subsidiary signs agreement with Enterprise Products Partners for pipelines and transport services for Bluebonnet hub