French packaging group Albea agrees 12-MWp solar off-take deal
Sep 19, 2024 5:38 CESTNeoen closes finance for 41 MWp project in Mozambique
Image by Neoen (www.neoen.com).
French renewable energy company Neoen today announced financial closure for a 41 MWp photovoiltaic (PV) project in Mozambique.
In partnership with Electricidade de Moçambique (EDM), Neoen has started construction on the Central Solar Metoro in the north of Mozambique. Works will continue for around 11 months, employing 370 in the process. Commissioning is planned for end-2020.
The investment is estimated at USD 56 million (EUR m), of which USD 40 million were provided by French development agency AFD and its financial arm Proparco.
More stories to explore
Renewables rise and Russian gas declines, says EC report
Sep 12, 2024 11:11 CEST
Trina Solar's intl biz gets EUR 150m to transition to European IPP
Sep 11, 2024 16:03 CEST
Elum Energy secures USD 13m to enter new markets
Sep 10, 2024 15:40 CEST
GLHD cleared to proceed with 450-MWp agri-PV project in France
Sep 06, 2024 15:48 CEST
Voltalia narrows H1 2024 loss, but Brazil curtailment woes continue
Sep 05, 2024 12:31 CESTShare this story
Tags
About the author
