About Mozambique Cube New Energy Storage
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4 FAQs about [Mozambique Cube New Energy Storage]
Where is a new energy storage system located in Mozambique?
The US$32 million project is located in the Tetereane District of the city of Cuamba, Niassa province, about 550 kms west of the coastal town Nacala. 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.
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.
What is EDM doing in Mozambique?
Marcelino Gil, EDM Chairman explained EDM’s commitment to the country energy mix based on the abundance of resources in Mozambique, with the visibility to promote clean and renewable energy toward the commitment of universal access to energy to all Mozambicans by 2030.
How will electricity be sold to EDM?
Electricity will be sold through a 25-year power purchase agreement with EDM. The project is expected to receive US$19m of debt funding from The Emerging Africa Infrastructure Fund (“EAIF”), a member of the Private Infrastructure Development Group (“PIDG”).
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