AIFC will carry out studies for “four plants with battery storage and with a total energy production planned for 50 megawatts (MW)” in Mozambique, reads a statement, quoted by Noticias ao Minuto. The agreement was announced on the sidelines of the Africa Energy Forum, taking place in the Belgian capital. Marcelino Gildo, president of EDM, said that the company seeks “sustainable solutions to accelerate universal access to energy by 2030 “, with “200 MW in renewable energies”.IFC is a partner in other projects in Mozambique, among them, the largest power plant to be built in Mozambique after independence (450 MW), in Temane, powered by natural gas – IFC lends 100 of the approximately US$500 million in the investment. The percentage of Mozambicans with access to the electricity grid rose from 35 percent to 39 percent in 2021, according to the EDM report and accounts.

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