Mozambique to Implement $500 Million in Projects

The Mozambican Energy Fund (Funae) plans to implement a portfolio of projects worth $500 million to contribute to universal access to electricity in Mozambique by 2030.

In a statement, the organization announced that it will use both solar and hydroelectricity for its various projects. These technologies can be used separately or jointly in hybrid power plants. The projects will be implemented in the provinces of Maputo, Gaza and Inhambane in the south of the country; Sofala, Manica, Tete and Zambézia in the center and Nampula, Niassa and Cabo Delgado in the north.

Studies are currently under way to identify the sites likely to accommodate such infrastructures in the regions.

Spread the love