Inaguration of the 40 MW Mocuba solar power plant

This past weekend, Mozambique’s President, His Excellency Filipe Jacinto Nyusi, officially inagurated the Mocuba solar plant located in the Zambézia Province, Mozambique.

“We are proud to have completed the Mocuba solar plant together with our partners. As the first large scale solar plant in Mozambique, the plant will be an important contributor to increase the share of renewable power in the country by providing clean energy to around 175,000 households, “says Raymond Carlsen, CEO of Scatec Solar.

Marcel Bruhwiler, Manager, IFC Infrastructure & Natural Resources for Southern Africa, Nigeria and East Africa, says: “We are pleased that Central Solar de Mocuba (CESOM) has achieved this significant milestone. It will offer much needed power and redundancy to the Northern grid. IFC’s financing for the Mocuba solar plant helps improve access to reliable and clean energy in one of the least developed regions of the country.”

Emilio Cattaneo, Executive Director of the Emerging Africa Infrastructure Fund (EAIF) says: “Mozambique is entering a new era. The opening of CESOM brings energy to power a better future and unlock enterprise and opportunities. In contributing to the IFC’s B loan programme, EAIF is proud to have been a key part of the financing for CESOM, which also benefitted from a grant by PIDG’s Technical Assistance Facility. We wish the project good fortune.”

Financing partners for the solar plant are IFC, the International Finance Corporation and the Emerging Africa Infrastructure Fund (EAIF), while equity partners are KLP Norfund Investments (22.5%), EDM -Electricidade de Mozambique (25%) and Scatec Solar (52.5%).