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GET FiT Mozambique

Sector: Power Generation (CCGT) • Location: Mozambique

Source: KFW Bank aus Verantwortung

Project
Active

GET FiT Mozambique provides incentives for private investment in electricity generation from renewable energies. Following the example of the projects successfully implemented in Uganda and Zambia, a program is to be set up in Mozambique to improve the framework conditions for private investment in renewable energies, increase the share of renewable energies in the energy mix and security of suppl

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Project Information

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The project “GET FiT Mozambique” is an infrastructure initiative in the Power Generation (CCGT) sector, located in Mozambique. Taiyo aggregates data on it from KFW Bank aus Verantwortung.

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Participants

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Description

Description

GET FiT Mozambique provides incentives for private investment in electricity generation from renewable energies. Following the example of the projects successfully implemented in Uganda and Zambia, a program is to be set up in Mozambique to improve the framework conditions for private investment in renewable energies, increase the share of renewable energies in the energy mix and security of supply in Mozambique. In addition, the project is to contribute to climate-friendly development in Mozambique, reduce greenhouse gas emissions and reduce poverty. The program is to consist of four pillars: a) supplementing the feed-in tariffs to a cost-covering level, b) guarantee facility to cover risks for private investors, c) facility to finance grid connection costs and d) technical support measures (including development of standardized project documents and procedures). The focus is on private investments in solar PV systems with storage capacity with a total output of at least 25 MW. Individual projects of 4 to 15 MW each are to be awarded as part of an international public tender.

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Source

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High

Data quality score

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Source

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URL

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