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Mocuba Solar PV Plant

Sector: Solar • Location: Mozambique

Source: World Bank Group

Project
Active

The project consists of the construction, operation and maintenance of a 40 MW solar PV plant, located in Mocuba, Centre-Northern Mozambique.

Norwegian developer Scatec is the majority shareholder of project company Central Solar de Mocuba with a 52.5% equity stake. Norwegian investment fund Norfund owns a further 22.5% and Mozambique’s state-owned power utility EDM owns the remaining 25%. EDM w

Status
Prospective
Sector
Solar, Power Generation (CCGT), Government, Power Transmission
Location
Mozambique
Updated
22 Jul 2026
Source
World Bank Group

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Project Information

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The project “Mocuba Solar PV Plant” is an infrastructure initiative in the Solar sector, located in Mozambique. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status

active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The project consists of the construction, operation and maintenance of a 40 MW solar PV plant, located in Mocuba, Centre-Northern Mozambique. Norwegian developer Scatec is the majority shareholder of project company Central Solar de Mocuba with a 52.5% equity stake. Norwegian investment fund Norfund owns a further 22.5% and Mozambique’s state-owned power utility EDM owns the remaining 25%. EDM will be the sole offtaker from the plant under a 25-year power purchase agreement, signed in November 2016. The project has a total cost of USD76 million. IFC will provide USD19 million for the plant development.The Emerging Africa Infrastructure Fund (EAIF) has signed a participation agreement with the International Finance Corporation (IFC) to provide a USD16.9 million, 16-year B loan for the plant. EAIF, which is part of the Private Infrastructure Development Group (PIDG) will also provide a USD7 million viability gap funding grant for the project from the PIDG’s technical assistance fund. Climate Investment Funds will provide USD19 million debt. https://ijglobal.com/Transaction/35562 https://ifcextapps.ifc.org/IFCExt/pressroom/IFCPressRoom.nsf/0/AD3A3B5920BAC79485258138002E6551

Original sector

Energy

Budget

Location

Country

Mozambique

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Solar, Power Generation (CCGT), Government, Power Transmission

Article published date

2024-10-01

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