Ncondezi Energy said on Monday, January 9, that it has received from the Mozambican government an updated land use and benefit license for the implementation of its project in Tete province.
According to online news portal, proactiveinvestor.com, the company that is developing a 300MW solar photovoltaic and battery energy storage system in Mozambique said the DUAT (Right to Use and Harness Land) covers 950 hectares in Tete province.
“This is a critical licensing requirement for the project and reflects strong local support for the process we have been running since the positive announcement of the feasibility study last October,” said Ncondezi chief executive Hanno Pengilly.
“The solar project is strategically positioned from a transmission perspective, with access to existing power grids with distribution capacity in Mozambique and the southern Africa region,” Pengilly added.
Just before Christmas, the company had already signed an agreement with Synergy Consulting to provide financial advisory services and transactions for its 300MW solar project.
