Amea Power’s 125 MW Matambo solar plant in Mozambique will cost USD 150 mn to build, according to a statement by Dubai International Chamber (DIC). The solar plant — which will be established in partnership with Mozambique’s Banco Nacional de Investimento — will be able to power 150k homes, offsetting around 233k tons of CO2 annually.

More African expansion for Amea: Amea Power announced in December a 50 MW solar power plant in the Ivory Coast after signing a concession agreement and a 25-year power purchase agreement (PPA) in January. The company is also building South Africa’s 120 mn, 120 MW Doornhoek solar energy plant.

Mozambique has a big transition plan: Mozambique approved a USD 80 bn strategy in November to attract investments and reduce the nation's dependence on fossil fuels by 2050. It's also among the countries to join a first-of-its-kind consortium to secure 5 GW of battery energy storage system (BESS) commitments by the end of 2024 as a first-mover country.

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