Niassa Energia Solar, a subsidiary of Alten Africa, has signed a PPA with Electricidade de Mozambique for 40 MWp of PV
The Niassa Energia Solar project will supply electricity to the national grid for a period of 25 years
The Ministry of Energy granted a concession to Niassa to sell electricity via Ministerial Diploma which was published in the country’s Official Gazette
The signature of the power purchase agreement represents a successful new milestone for Alten and its operations in Sub-Saharan Africa.
Madrid – Spain | Maputo – Mozambique, 16 November, 2020. Niassa Energia Solar (“Niassa”), a subsidiary of Alten Africa, has signed a power purchase agreement with Electricidade de Mozambique (“EDM”), the national utility of Mozambique. In terms of the agreement signed on 30 September 2020, the Niassa Energia Solar project will supply electricity to the national grid for a period of 25 years. The agreement was signed during an official event attended by His Excellency Filipe Nyusi, the President of Mozambique, as well as several national and international institutions.
The Ministry of Energy granted a concession to Niassa to sell electricity via Ministerial Diploma (number 55/2020), which was published in the country’s Official Gazette on the 29 September. In the coming weeks, the concession agreement will be signed, which will establish government support for the project.
The signature of the power purchase agreement represents a successful new milestone for Alten and its operations in Sub-Saharan Africa. It comes after several years of work together with Mozambican and Spanish partners and serves to further consolidate Alten’s leadership as a developer and investor in the renewable energy sector in emerging markets.
The Niassa Solar project will see the development of a 40MWp PV plant. The construction works for the plant are expected to begin in 2021, and it will connect to the grid via the Cuamba substation, which [...]
Social media
Facebook
Twitter
LinkedIn