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February 1, 2022

Niassa Energia Solar Project, Mozambique

By Carmen

Niassa Energia Solar Project is a 40MW solar PV power project. It is planned in Niassa, Mozambique. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2024.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 40 40 Permitting Niassa, Mozambique Alten Energias Renovables; Electricidade De Mozambique EP; Niassa Energia Solar

Description

The project is being developed by Alten Energias Renovables, Electricidade De Mozambique EP and Niassa Energia Solar. Electricidade De Mozambique EP and Alten Energias Renovables are currently owning the project having ownership stake of 85% and 15% respectively.

Niassa Energia Solar Project is a ground-mounted solar project.

The project is expected to generate 79,602MWh electricity and supply enough clean energy to power 166,000 households. The project cost is expected to be around $45m.

The solar power project consists of 117,180 modules, each with 330W nameplate capacity.

Development Status

The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2024.

Power Purchase Agreement

The power generated from the project will be sold to Electricidade De Mozambique EP under a power purchase agreement for a period of 25 years.

About Alten Energias Renovables

Alten Energias Renovables SL (Alten Energias) is a renewable energy company. It develops, finances and operates solar photovoltaic power plants. The company offers services such as construction and engineering, design and development, operation and maintenance, and investment and funding services. It also provides technical support and supervision services. Alten Energias solar farms and develops Greenfield projects. In addition, the company offers integrated energy solutions for photovoltaic projects. It develops photovoltaic power plants in Southern Europe, Latin America, Southern Africa, Asia and North America. The company has operations in the Netherlands, Spain and Mexico. Alten Energias is headquartered in Spain.

About Niassa Energia Solar

Niassa Energia Solar (Niassa Energia) generates, transmits, distributes and supplies electricity. The company is headquartered in Mozambique.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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