The Mozambican government has been granted $2.5 million by the African Development Bank (AfDB) to explore renewable energy sources.
The grant will be used by the Bank to carry out the Mozambique Renewable Energy Integration Program. It was made available by the Sustainable Energy Fund for Africa (SEFA) (MREP).
Dr. Daniel Schroth, Director of the African Development Bank’s Renewable Energy and Energy Efficiency Department said, “With the support of the Sustainable Energy Fund for Africa, Mozambique’s capacity to integrate larger shares of variable renewables will increase its efforts to become a major regional electricity supplier. Given that Mozambique is one of the most highly climate-vulnerable countries in the world, the project will help build a more sustainable and resilient power generation infrastructure.”
The funding will assist the national electricity company to provide financial support for technical, economic, environmental and social feasibility studies for the development of a solar floating power plant in Chicamba reservoir. In addition, it will support funding for a feasibility study for Energy Battery Systems Storage in up to 10 sites, as well as capacity building for EDM´s personnel; and support for tender preparation.
“We are very excited to launch the activities under the Sustainable Energy Fund for Africa in Mozambique, which comes with a set of very strategic and innovative projects, that will contribute to diversify the energy matrix ad fund a study on storage needs, that will enable the development of more renewable energy projects,” said Marcelino Gildo Alberto, Chairman of EDM, the beneficiary. “The support under SEFA also includes a robust capacity building program, that will enable our personnel to develop strategic skills related to the development and management of renewable energy projects,” he added.