Mocuba Solar PV Plant
Sector: Solar • Location: Mozambique
Source: World Bank Group
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
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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