Research boosts competition for improved biofuels
7 March 2011 - Self-Energy Mozambique is a company that is already planning the local production of renewable energy for 50 Mozambican towns. This project was one of FUNAE's (Mozambique National Fund for Rural Electrification) strategic goals, with the aim of creating energy in rural areas of the country where there is still no electricity, implementing a cooperation agreement between Portugal and Mozambique on solar energy. The Company is investing $10 million in renewable energy projects in the country, with a system that has a thermal generation capacity which could guarantee a 40 percent reduction in electricity costs, state radio reported on Monday.
The company will move forward with projects, including mini-hydro and mini solar power plants, involving an investment of U$30 million. They are investing 30 million euros (42 million US dollars) on renewable energy projects throughout the country. Various types of energy solutions which are based on solar power are used by the projects. The projects include several types of energy solutions from sunlight, which are scattered throughout the entire country, especially in the provinces of Nampula, Sofala and Maputo.
Mozambique appears to be feasible for investment in this sector taking into account climatic conditions, especially the unfailing sunshine in almost all the nation's territory, making renewable energy an exciting prospect (Carlos Matos, The company's Director). Some companies in Mozambique have already started to use renewable energy technologies, such as the Indy Village Hotel in Maputo. This resort has recently installed an integrated renewable energy system to heat water, which has cut electricity costs by forty percent. The projects that the company's involved in generate power with the communities without access to the network, using technologies based on renewable energy.
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