Mozambique’s $80bn energy plan to tap Zambezi’s power (Moneyweb)
Mozambique is seeking to become one of Africa’s biggest hydropower producers and launch a green hydrogen industry. The government plans to add 14 000 megawatts of hydropower capacity, with the bulk of that developed between 2030 and 2040, the government said in a 60-page Energy Transition Strategy seen by Bloomberg. A hydrogen program will be set this year, it said in the document, which hasn’t been released publicly.
The proposal is a blueprint of how one of the world’s poorest nations wants to harness its green-energy potential to boost growth and industrialise what, half a century after attaining independence from Portugal, remains a largely impoverished agrarian economy. Click here to read the full article
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