“Ncondezi Energy has finalised a binding agreement with GridX Africa Development for a pipeline of solar and battery storage projects in the commercial and industrial (C&I) sector, it announced on Wednesday. The AIM-traded firm said it had signed a binding relationship agreement, under which it had the right, but not the obligation, to fund … [Read more…]
“The company Ncondezi Energy has suspended the implementation of its project to build an off-grid solar system for a company in Mozambique. At issue is the covid-19 pandemic that is affecting Mozambique like many African countries. It is one of the direct consequences of travel restrictions as part of the response to Covid-19 in … [Read more…]
“Ncondezi Energy is seeking to supply much needed power to southern Africa through the development of a 300MW thermal coal power plant and mine project located in the Tete Province, Northern Mozambique. Not only that but Ncondezi last year moved into the battery storage space via a Joint Venture with GridX Africa Power Development. … [Read more…]
“In addition, the agreement will oversee the installation of a 228 kW/912 energy storage facility. This development follows after Ncondezi announced in April to have identified significant market demand for cost-effective and reliable power in the African Commercial & Industrial (C&I) sector. The solar PV project has been developed by GridX and is based … [Read more…]