4 FAQs about Mozambique Energy Storage Power Station Investment Project

How much energy is available in Mozambique in 2023?

“Financial resources for renewables projects have grown steadily, with nearly USD 230 million available in 2023.” Including hydropower, renewables currently make up 70% of all energy produced in Mozambique. Hydropower has traditionally been the largest contributor to Mozambique's power production.

What is Mozambique's energy potential?

The country has one of the largest potentials in Africa, largely thanks to the mighty Zambezi River, which boasts a projected production capacity of 20 GW. More than half of this potential is in Mozambique. Existing power plants such as Hidroeléctrica de Cahora Bassa (HCB) contribute significantly to the country's energy production.

What is Mozambique's energy transition strategy?

Mozambique recently unveiled a game-changing energy transition strategy that is paving the way for heightened investment inflows and universal access to energy across the country.

Does Mozambique have hydropower?

Including hydropower, renewables currently make up 70% of all energy produced in Mozambique. Hydropower has traditionally been the largest contributor to Mozambique's power production. The country has one of the largest potentials in Africa, largely thanks to the mighty Zambezi River, which boasts a projected production capacity of 20 GW.

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