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Wind and Solar Energy Storage Project Company
At EPS, we develop and manage energy projects that power the future. Our project portfolio spans utility-scale solar, wind, Battery Energy Storage Systems (BESS), hydropower, natural gas, and transmission projects, ensuring seamless execution at every stage of the asset lifecycle.
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Mozambique s first wind solar and energy storage power generation project
LONDON / MAPUTO, 1 November 2023: Globeleq, the leading independent power company in Africa and its project partners, Source Energia, an energy developer focused on Lusophone Africa, and Electricidade de Moçambique (EDM), the Mozambican national power utility, confirms that it has now received formal notification from EDM (the off-taker) that commercial operations at the 19 MWp Cuamba Solar PV and 7 MWh energy storage plant began on 12 September 2023.
FAQs about Mozambique s first wind solar and energy storage power generation project
When did Globeleq & Mozambique launch a solar power plant?
Our solar power plant in Cuamba was inaugurated in September of 2023. It marked another milestone for Globeleq and Mozambique, as it was the first IPP to integrate a utility-scale energy storage system.
How will electricity be sold in Mozambique?
Electricity will be sold through a 25-year power purchase agreement with EDM. The $32 million project will contribute to the Mozambique government's 'Energy for All' strategy, aiming to have universal energy access by 2030. Have you read?
Who is the project EPC contractor for Mozambique?
Spanish company TSK has been appointed as project EPC contractor. Globeleq will oversee the construction of the eventual operation of the power plant, supported by Source Energia. Globeleq, Source Energia and EDM start construction on the first IPP in Mozambique to integrate utility-scale energy storage and solar.
What is Mozambique's 'energy for all' project?
The $32 million project will contribute to the Mozambique government's 'Energy for All' strategy, aiming to have universal energy access by 2030. Have you read? The project is expected to receive $19m of debt funding from the Emerging Africa Infrastructure Fund, which is a member of the Private Infrastructure Development Group (PIDG).
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.
Is battery storage a key technology for Mozambique's future?
Globeleq sees battery storage as a key technology for Mozambique's future. Storage costs are expected to continue decreasing, so those systems will become more competitive and will be able to contribute more.
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