Why is Mozambique a good place to invest in solar energy?

Firstly, Mozambique has a high solar irradiation level, making it an ideal location for harnessing solar energy. This abundant solar resource presents a sustainable and cost-effective solution for addressing the country’s energy needs.

Does Mozambique need solar energy?

In the rapidly evolving world of renewable energy, Mozambique has emerged as a significant player, especially in the solar energy sector. With its abundant sunshine and increasing focus on sustainable development, the demand for solar energy systems in Mozambique has seen a considerable rise.

Will Cuamba solar deliver clean power to the Mozambican grid?

Mike Scholey, Globeleq’s CEO remarked: “We are extremely excited to now have Cuamba Solar officially delivering clean power to the Mozambican grid via EDM and supporting both the local economy and the Government’s efforts to build more renewable power.

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 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.