Globeleq, Source Energia, and EDM have initiated the commercial operations at Mozambique’s first hybrid pv and energy storage plant, Cuamba Solar. This $36 million 19 MW PV and 7 MWh storage project, supported by a 25-year PPA, is set to provide energy for 22,000 families and reduce over 172,000 tonnes of CO2 emissions. The initiative receives financing from PIDG and BII Plus.
Cuamba Solar Plant begins commercial operation
Plant substation is upgraded to ensure smooth integration to grid. Illustration by Globeleq.
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)
Part of SECI’s 2 GW ISTS initiative, the project will deliver four hours of peak power daily for 25 years. (Image Credit/Source: Pixabay/Pexels)
Ethical Power Italia’s first EPC projects in Italy, two solar farms for Encavis AG, will generate 28 GWh annually. (Image Credit/Source: TomFisk/Pexels)