Support: +91-22-61011756 / help@projectstoday.com
Help
1. Boolean Searches :

i. AND - Shows results where both terms on either side of the 'AND' operator are present. 'AND' must be in upper case. For example search term - delhi AND metro result - It will return records in which 'delhi' as well as 'metro' both are present.

ii. OR - Shows results where either term (or both terms) is present. 'OR' must be in upper case. For example search term - delhi OR metro result - It will return records in which either 'delhi' or 'metro' or both are present

2. Proximity Searches

A proximity search looks for terms that are within a specific distance from one another. For example, search term - 'delhi metro'~10 result - It will search for records where 'delhi' and 'metro' are found within 10 words of each other

3. Phrase searches

You can search phrases using double quotes. for e.g. 'delhi metro' result - It will return records where 'delhi metro' phrase is found.

First solar PV power plant to be developed in Mozambique

Tuesday, 13 Jun 2017
Share this on :
Mozambique will develop its first solar photovoltaic (PV) power plant. The project will be funded by a consortium of financiers.

The project will entail a total investment of USD 80 million. The International Finance Corporation (IFC) has promised to invest USD 19 million which is part of a USD 55 million package to support the new utility in Mocuba.

The funds also include an investment from Climate Investment Funds worth USD 19 million and a loan of upto USD 17 million. Other financial support will come from the Emerging Africa Infrastructure Fund (EAIF), with a grant from the Technical Assistance Fund of the Private Infrastructure Development Group.

Mozambique's state-owned power utility, Electricidade de Moçambique (EDM) will procure the generated power through a signed 25 year power purchase agreement.

The plant will be developed by Scatec Solar, headquartered in Norway, and the local Electricidade de Moçambique (EdM) utility, along with the Norfund development finance agency. Scatec Solar has a 52.5 percent share, KLP Norfund Investments (22.5 percent) and EDM (25 percent) will provide equity.

The plant is expected to generate 77,000 MW hour per year of electricity to the northern regions of the country.

Sign up to start your free trial
REGISTER AND GET STARTER KIT ABSOLUTELY FREE!

Free access to Project News and Analysis

Project and Tender Alert in your mailbox

Explore the largest Database on Projects for free

Be part of Online Projects Community

Username:

Start Exploring

Subscribe to any of our premium plans to

Access to complete information on 43000+ projects

Use our Notification service for instant update on projects and tenders

Closely monitor your opportunities with "WORKSPACE"

Use our online platform for promotions of your products and services