The most exclusive news related to the most recent developments in the energy sector of Mozambique as well as the global industry but with impact on local industry.
Ncondezi Energy confirmed it had signed contracts and paid for the services of Synergy Consulting Infrastructure and Financial Advisory Services, which counts its founder and majority shareholder as a director of Ncondezi Energy.
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Malawi and Mozambique have secured 20 million euro (about K15 billion) from multilateral lending institutions for the implementation of the power Interconnection project, a move expected to help solve energy woes facing the county.
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South Africa’s Public Enterprises Minister Pravin Gordhan is meeting executives from state power firm Eskom on Monday to find solutions to the country’s electricity crisis, Eskom spokesman Khulu Phasiwe told Reuters.
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Tanzania’s contractors have committed to set up a 400 kilovolt (kV) transmission line alongside other accompanying substations. This development which is line with the Kenya-Tanzania Power Interconnection Project involves the construction of an overhead transmission line from Singida in Tanzania to Isinya in Kenya.
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South Africa’s power utility Eskom said it would temporarily turn off the power on Sunday due to the increasing strain on its power stations and reserve capacity.
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Mozambique’s publicly-owned electricity company EDM and its partner Karpowership have announced that they are planning to upgrade the floating power station docked in Nacala port in the northern province of Nampula.
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The UN Secretary-General Antonio Guterres has called for urgent climate action and increased ambition ahead of his climate summit in September, after the United Nations World Meteorological Organisation (WMO) released data showing the past four years were officially the ‘four warmest on record’. His reaction on Wednesday came after WMO issued a report confirming that 2015, 2016, 2017 and 2018 were the four warmest years recorded to date. The analysis, based on the monitoring performed…
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Mozambique’s first solar power plant has secured financing. Construction is expected to start in May, with the facility operational by early 2019, government sources have told Lusa. “It will be the country’s first large-scale solar plant, and represents an important step in Mozambique’s ambition to increase the renewable sources share of its electricity production,” the developer said. The large solar panel array will cover a 126-hectare site in Mocuba, central Zambezia province, and is the…
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Hidroeléctrica de Cahora Bassa (HCB), the EDM-owned company which owns the giant hydropower plant in Tete province on the Zambezi river, will list on Mozambique’s stock exchange, the BVM, by the end of Q1 2019, BVM head Salim Vala said yesterday quoted by State-run newspaper Noticias. It wants to sell 7.5% of its shares to Mozambican investors.
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The coal industry needs to counter the negative attitude towards the industry by investing in clean coal technology and funding research initiatives to find alternative markets for coal, says Mineral Resources Minister Gwede Mantashe. He told delegates at the opening of the fourteenth annual Southern African Coal Conference, on Thursday, that the movement towards clean energy was moving “at breakneck speed”. “Coal mining is under siege. If you don’t understand that, you are from another…
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