#Mozambique #EDF #Hydropower #RenewableEnergy #Africa #InvestInAfrica #ClimateAction #SustainableDevelopment
In a significant move bolstering clean energy generation, Mozambique entered into an agreement with a syndicate spearheaded by French utility titan, EDF to erect a mega hydroelectric project, the Mphanda Nkuwa. With an investment of around $5 billion, this initiative represents a robust commitment towards harnessing renewable energy, particularly from one of Africa’s mightiest rivers.
Announced by the government on Wednesday, this project underpins a broader strategy that Mozambique is progressing to capitalize on sustainable sources of power. In the quest for a green transition and reduced dependence on fossil fuels, the Mphanda Nkuwa hydropower project embodies the pathway towards greener alternatives for power generation. Mozambique’s partnership with the consortium led by EDF underlines international collaboration in transforming energy systems and combatting climate change.
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