With 49,000 tons of CO2 avoided every year, the new power plant will reduce the country’s greenhouse gas emissions and thereby contribute to the fight against climate change. This project will also have major environmental and social benefits, particularly for people in the province of Cabo Delgado (implementation of community projects, job creation, transfer of skills…).
“France, through Agence Française de Développement Group, is very proud to be contributing to financing the construction of this solar power plant. It should be noted that the loan from AFD and PROPARCO comprises a concessional tranche, made possible by the financial contribution of the French State, to optimize the proposed tariff and provide local support to the positive environmental and social benefits of this project”, said this morning the French Ambassador to Mozambique and Eswatini, Mr. David Izzo.
The Metoro project is the result of close cooperation between the Ministry of Energy, the national operator Electricidade de Moçambique and Neoen, the leading French company for renewable energy development and a major partner for PROPARCO.