Cuamba Solar Power Station
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Cuamba Solar Power Station
Cuamba Solar Power Station (CSPS), is a solar power plant under construction in Mozambique. The power station is under development by a consortium that comprises a British independent power producer and a Mauritian investor. A storage system consisting of lithium batteries with a capacity of 1.86 MVA/7.42 MW/h, will be incorporated in the design. The storage system will regulate the rate of delivery of the energy into the national grid and thereby stabilize the network. TSK Group, a Spanish engineering and construction conglomerate was awarded the engineering, procurement, and construction (EPC) contract in May 2021. Location CSPS is located approximately , outside of the town of Cuamba, in Niassa Province, in the north of Mozambique. Cuamba is located approximately , by road, southeast of the city of Lichinga, the provincial capital. This is about , by road, west of the port city of Nacala, the nearest sea-port. Overview The power station has a capacity of 20 megawatts, ...
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Mozambique
Mozambique (), officially the Republic of Mozambique ( pt, Moçambique or , ; ny, Mozambiki; sw, Msumbiji; ts, Muzambhiki), is a country located in southeastern Africa bordered by the Indian Ocean to the east, Tanzania to the north, Malawi and Zambia to the northwest, Zimbabwe to the west, and Eswatini and South Africa to the southwest. The sovereign state is separated from the Comoros, Mayotte and Madagascar by the Mozambique Channel to the east. The capital and largest city is Maputo. Notably Northern Mozambique lies within the monsoon trade winds of the Indian Ocean and is frequentely affected by disruptive weather. Between the 7th and 11th centuries, a series of Swahili port towns developed on that area, which contributed to the development of a distinct Swahili culture and language. In the late medieval period, these towns were frequented by traders from Somalia, Ethiopia, Egypt, Arabia, Persia, and India. The voyage of Vasco da Gama in 1498 marked the arrival of t ...
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Power Purchase Agreement
A power purchase agreement (PPA), or electricity power agreement, is a contract between two parties, one which generates electricity (the seller) and one which is looking to purchase electricity (the buyer). The PPA defines all of the commercial terms for the sale of electricity between the two parties, including when the project will begin commercial operation, schedule for delivery of electricity, penalties for under delivery, payment terms, and termination. A PPA is the principal agreement that defines the revenue and credit quality of a generating project and is thus a key instrument of project finance. There are many forms of PPA in use today and they vary according to the needs of buyer, seller, and financing counter parties. Contractual terms of a PPA may last anywhere between 5 and 20 years, during which time the power purchaser buys energy, and sometimes also capacity and/or ancillary services, from the electricity generator. Such agreements play a key role in the financin ...
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Dondo Solar Power Station
The Dondo Solar Power Station is a planned solar power plant in Mozambique. The power station is part of a 160 megawatts energy package of four renewable energy power stations under development in the country. They comprise three solar power stations in the districts of Dondo, Lichinga and Chiuta, together with a wind farm in Inhambane Province. Each power station will have maximum generation capacity of 40 MW. Location The power station is located in Dondo District, near the town of Dondo, the district headquarters. Dondo is located approximately by road north-west of the city of Beira, the provincial capital and nearest large city. Dondo is approximately , by road, north of Maputo, the capital city of Mozambique. Overview The power station has a 40 megawatt capacity. Its output is to be sold directly to the Mozambican public electricity utility company ''Electricidade de Moçambique'' (EDM), for integration into the national grid. The development of this power statio ...
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List Of Power Stations In Mozambique
This article lists all power stations in Mozambique. Hydroelectric Thermal Solar Partial list of solar power stations in Mozambique. See also * List of power stations in Africa * List of largest power stations in the world References {{Power stations Mozambique Power stations A power station, also referred to as a power plant and sometimes generating station or generating plant, is an industrial facility for the generation of electric power. Power stations are generally connected to an electrical grid. Many pow ...
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Investment Fund
An investment fund is a way of investing money alongside other investors in order to benefit from the inherent advantages of working as part of a group such as reducing the risks of the investment by a significant percentage. These advantages include an ability to: * hire professional investment managers, who may offer better returns and more adequate risk management; * benefit from economies of scale, i.e., lower transaction costs; * increase the asset diversification to reduce some unsystematic risk. It remains unclear whether professional active investment managers can reliably enhance risk adjusted returns by an amount that exceeds fees and expenses of investment management. Terminology varies with country but investment funds are often referred to as investment pools, collective investment vehicles, collective investment schemes, managed funds, or simply funds. The regulatory term is undertaking for collective investment in transferable securities, or short collective invest ...
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Mauritius
Mauritius ( ; french: Maurice, link=no ; mfe, label=Mauritian Creole, Moris ), officially the Republic of Mauritius, is an island nation in the Indian Ocean about off the southeast coast of the African continent, east of Madagascar. It includes the main island (also called Mauritius), as well as Rodrigues, Agaléga and St. Brandon. The islands of Mauritius and Rodrigues, along with nearby Réunion (a French overseas department), are part of the Mascarene Islands. The main island of Mauritius, where most of the population is concentrated, hosts the capital and largest city, Port Louis. The country spans and has an exclusive economic zone covering . Arab sailors were the first to discover the uninhabited island, around 975, and they called it ''Dina Arobi''. The earliest discovery was in 1507 by Portuguese sailors, who otherwise took little interest in the islands. The Dutch took possession in 1598, establishing a succession of short-lived settlements over a period of about ...
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Special Purpose Vehicle
A special-purpose entity (SPE; or, in Europe and India, special-purpose vehicle/SPV; or, in some cases in each EU jurisdiction, FVC, financial vehicle corporation) is a legal entity (usually a limited company of some type or, sometimes, a limited partnership) created to fulfill narrow, specific or temporary objectives. SPEs are typically used by companies to isolate the firm from financial risk. A formal definition is "The Special Purpose Entity is a fenced organization having limited predefined purposes and a legal personality". Normally a company will transfer assets to the SPE for management or use the SPE to finance a large project thereby achieving a narrow set of goals without putting the entire firm at risk. SPEs are also commonly used in complex financings to separate different layers of equity infusion. Commonly created and registered in tax havens, SPEs allow tax avoidance strategies unavailable in the home district. Round-tripping is one such strategy. In addition, th ...
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Carbon Dioxide
Carbon dioxide (chemical formula ) is a chemical compound made up of molecules that each have one carbon atom covalently double bonded to two oxygen atoms. It is found in the gas state at room temperature. In the air, carbon dioxide is transparent to visible light but absorbs infrared radiation, acting as a greenhouse gas. It is a trace gas in Earth's atmosphere at 421 parts per million (ppm), or about 0.04% by volume (as of May 2022), having risen from pre-industrial levels of 280 ppm. Burning fossil fuels is the primary cause of these increased CO2 concentrations and also the primary cause of climate change.IPCC (2022Summary for policy makersiClimate Change 2022: Mitigation of Climate Change. Contribution of Working Group III to the Sixth Assessment Report of the Intergovernmental Panel on Climate Change Cambridge University Press, Cambridge, United Kingdom and New York, NY, USA Carbon dioxide is soluble in water and is found in groundwater, lakes, ice caps, ...
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Electricidade De Moçambique
Electricidade de Moçambique, E.P. (EDM-E.P. or simply EDM) is a state-owned energy company of Mozambique, which deals with the generation, transmission, distribution and sale of electricity. EDM was incorporated in 1995 after the privatization of the state-managed enterprise Electricidade de Moçambique, Empresa Estatal (EDM-E.E.), which had been set up in 1977, two years after the independence of Mozambique, by the new government of the People's Republic of Mozambique led by the FRELIMO FRELIMO (; from the Portuguese , ) is a democratic socialist political party in Mozambique. It is the dominant party in Mozambique and has won a majority of the seats in the Assembly of the Republic in every election since the country's firs ... party. In 1977, EDM emerged from the amalgamation of twenty-five separate generation and distribution units geographically dispersed across Mozambique. List of Directors General (1977-1995) and Presidents of the Board of Administrators (since 1995 ...
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Cuamba
Cuamba is a city and district of Niassa Province in Mozambique, lying north west of Mount Namuli. Before independence the town was known as ''Nova Freixo'' (New Ash). It lies on the EN8 road, which connects it to the city of Nampula in the east and to the Malawian border in the west. History Cuamba was created by the Niassa Company, a royal charter company in what was then known as Portuguese East Africa. The land concession of the Niassa Company extended from 1891 and 1929, and it established a military outpost initially called Kuamba in this period. The name referred to a small kingdom in the area, and Cuamba became the official name of the settlement in 1937. Its name was changed to Nova Freixo in 1952, a reference to the city of Freixo de Espada à Cinta, Portugal, the birthplace of Sarmento Rodrigues (1899-1979), the colonial governor-general of Mozambique. The town reverted to its original name of Cuamba in 1976, and was elevated to city status in 1971. Transport It li ...
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Nacala
Nacala, also known as Cidade de Nacala or Nacala-Porto is a city on the northern coast of Mozambique. Located in the southwestern indentation of inner Fernao Veloso Bay, it is the deepest natural port on the east coast of Africa. Nacala serves as the terminal for the Nacala railway, a rail line to the landlocked Malawi. South of Nacala is Mozambique Island, at one time the capital of Mozambique and now a World Heritage site. History Nacala was founded as a little town and developed as a deep waters port and an industrial, agricultural and exporting centre during the last period of the Portuguese rule of the territory which ended in the mid-1970s. Among its major industries were cement, sisal and cashew. Other important employers were the seaport, its small modern hospital, and services (banking, insurance and administration). Industry Nacala is site of one of three cement works in Mozambique. Transport Nacala is the terminal of the Nacala railway that connects to the Centra ...
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