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Mozambique: Ncondezi, GridX partner for solar-battery project

London Stock Exchange-listed Ncondezi Energy Ltd announced on 23 October that it has signed a subscription agreement and shareholders’ agreement with GridX Africa Development and GridX Africa AssetCo to finance development of a 400kWp off-grid solar plant with a 228kW, 912kWh battery for a hotel in Mozambique. A 165kVA diesel generator will provide back-up power. Commissioning is expected within eight months and the plant will generate around 660MWh/yr.

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