Oslo, 30 July 2019: Scatec Solar, KLP, Norfund and EDM have grid connected and started commercial operation for the 40 MW Mocuba solar power plant in Mozambique.
The 40 MW solar plant is now fully operational and will deliver 79 GWh per year of much needed electricity to the northern regions of Mozambique.
Access to reliable energy is a prerequisite for development and clean energy is a focus investment area for Norfund. We appreciate being a partner in this first independent solar power project in Mozambique together with EDM, Scatec Solar and KLP.
Mark Davis, EVP in Norfund
The solar plant is located close to the city of Mocuba in the Zambézia Province. The clean energy produced by the plant will contribute to avoid about 75,000 tonnes of carbon emissions per year.
We are proud to complete the first large scale solar power plant in Mozambique in close cooperation with our partners. The solar plant will be an important contributor to increase the share of renewable power in the country by delivering clean energy to around 175,000 households.
Raymond Carlsen, CEO of Scatec Solar.
The project is a result of the strong partnership between the governments of Norway and Mozambique. The Norwegian government has provided economic support as well as technical expertise to the energy sector in Mozambique for several years.
The 25-years Power Purchase Agreement was signed in October 2016 with the state-owned utility EDM. Equity partners are KLP Norfund Investments (22.5%), EDM -Electricidade de Mozambique (25%), and Scatec Solar (52.5%).