Power project developer Ncondezi Energy has launched a feasibility study for a 300MW solar PV plant with battery storage in Mozambique.
The project will be located within Ncondezi’s 25,000-hectare concession area in Tete Province, with three preferred sites, each with a 500MW generation potential.
The project will also be able to leverage existing advanced stage development work from its 300MW thermal power project which will significantly cut development costs and accelerate project delivery.
The co-located project could be completed and grid-connected as early as 2024.
The feasibility study will take four months to complete and will be led by WSP Group Africa.
Ncondezi estimates that the investment totals between US$130-180 million over 25 years.
It will connect to the Mozambique grid and offtake agreements will be sought with companies both in Mozambique and the Southern African Power Pool (SAPP), a cross-border electricity market comprising 13 countries in southern Africa.