- Press Releases
October 27 (Renewables Now) - France’s Neoen SA (EPA:NEOEN) has kicked off construction on its 41-MWp Metoro solar photovoltaic (PV) project in northeastern Mozambique.
The start of construction works was marked by an official groundbreaking ceremony last week that was attended by French government officials and the Mozambican president Filipe Nyusi, the Africa Solar Industry Association (AFSIA) announced.
French renewable energy project developer Neoen is implementing the project in partnership with Electricidade de Mocambique (EDM). The overall investment is estimated at USD 56 million (EUR 47.3m), of which USD 40 million were provided by French development agency AFD, through its financial arm Proparco.
To be located in Mozambique’s Cabo Delgado province, the solar farm will cover an area of 138 ha (341 acres) and will be capable of producing enough electricity to supply 175,000 local homes. Once operational, it will sell its output under a 20-year power purchase agreement (PPA) with EDM.
Portugal-based Efacec Power Solutions is in charge of building the solar park.
(USD 1.0 = EUR 0.845)