Mozambique: French IPP Neoen Commissions 41MW Metoro Solar Plant

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News Flash

  • Mozambique’s president, Filipe Nyusi, this past Friday inaugurated the 41MW Metoro Solar Plant in the northern province of Cabo Delgado.
  • The project is structured with French independant power producer (IPP), Neoen, owning 75% with Mozambique’s state owned energy utility, Electricidade de Moçambique (EDM) holding 25%.
  • The public private partnership is held under a 25 year power purchase agreement after which full ownership is handed over to EDM. 
  • The project, which feeds into the Metoro substation (Ancuabe district), reached financial close back in Jan 2020. 

Mozambique’s president, Filipe Nyusi at the solar plant inauguration. Image credit: La France au Mozambique – Twitter

The project was financed by the French Development Agency (AFD), with a loan of $40 million (€34 million), with the remainder coming from Mozambique’s government.

Author: Bryan Groenendaal


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