Drought-Hit Mozambique Signs First Major Solar Power Deal

Drought-stricken Mozambique will start building its first large scale solar plant in early 2017, after Scatec Solar, which owns several such plants in Africa, signed an $80 million deal to sell electricity to the state-owned energy company for 25 years. The 40MW plant will deliver power to the national grid and produce energy for some 175,000 households, Oslo-based Scatec Solar said in a statement on Tuesday. "The project is the first large scale solar plant to be built in the...

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