London-based renewable energy company, Globeleq, has acquired a 75% stake in the 41 MW Central Solar de Mocuba PV plant in Mozambique. This acquisition significantly increases Globeleq's renewable energy presence in Mozambique, particularly after the recent launch of their 19 MW solar and 7 MWh storage project in Cuamba.The accquization has brought more vigor of Mozambique solar market, with more potential of
The Central Solar de Mocuba plant is one of the first of its kind in Mozambique, and its successful operation marks a major step forward for the country's clean energy transition. The plant will provide affordable, clean electricity to the regions of Mocuba and Zambézia, two areas which have historically seen challenges when it comes to power supply and grid access. The project has already created more than 500 jobs during construction and has been an important investment in the local economy. Globeleq's decision to expand its renewable energy portfolio in Mozambique marks a promising future for the country's sustainable energy development, which has the potential to greatly benefit both local communities and the environment.
