Business Chief Europe Magazine February 2018 | Page 119

ENERGY
“ Japan is a highly credible technology partner , and is secondto-none ,” he notes . “ In the last five years , the Japanese Government has been a determinant player supporting Mozambique . We expect this to be consolidated and enhanced in the near future . We now have some projects which are close to , or are ready to start construction .”
Recently , the European Union ’ s Emerging Africa Infrastructure Fund ’ s ( EAIF ) has also pledged a € 4mn investment to further support the growth of renewable energy projects in Mozambique . The Project for Promotion of Auctions for Renewable Energies ( PROLER ) initiative has led to the construction of two new solar power plants , set to be completed up to 2021 . Whilst one will be situated in Mocuba , Zambézia province , the other , the Metoro solar power plant , will be built in Cabo Delgado Province . “ Both the PV Metoro and Mocuba projects will encompass 30MW each ,” adds Magala .
“ Developed by SCATEC , construction on the Mocuba project is expected to begin in December this year . The Metoro project , however , is set to be developed by NEON and is at the end of its development phase and should be in operation by 2019 . EDM will have 20 % shareholding participation

“ Private sector investment will also support the diversification of energy , establish new skills and capital into the country , and enable the benchmarking of performance and pricing ”

– Chairman and CEO Mateus Magala
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