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This Environmental and Social Review Summary (ESRS) is prepared by MIGA staff and disclosed prior to the date on which MIGA’s Board of Directors considers the proposed issuance of a Contract of Guarantee. Its purpose is to enhance the transparency of MIGA’s activities. This document should not be construed as presuming the outcome of the decision by MIGA’s Board of Directors. Board dates are estimates only.
Any documentation that is attached to this ESRS has been prepared by the project sponsor, and authorization has been given for public release. MIGA has reviewed the attached documentation as provided by the applicant, and considers it of adequate quality to be released to the public, but does not endorse the content.
MIGA has been requested to provide a guarantee to cover equity/quasi equity and/or shareholder loan investments from Globeleq Africa Limited UK (“the Guarantee Holder” or “Sponsor”) (through Globeleq Mozambique Renewable Holdings (PTY) Ltd, as intermediate investor) to the Cuamba Solar Power project (the Project) for a period of up to twenty years. Further information on the proposed MIGA guarantee is available in the Summary of Proposed Guarantee.
The Cuamba Solar Project is an operational solar photovoltaic (PV) plant located in Cuamba District, Niassa Province in Northern Mozambique. The Project comprises a solar PV facility with a generation capacity of 15 Megawatt alternative current (MWac) and a battery storage facility. The Project site area is ~ 47 hectares (ha). The Project is operated by Grupo TSK Mocambique Limitada (“TSK”) on behalf of Central Eléctrica de Tetereane (“CET”), the Project Enterprise (“PE”) and has been operational since September 2023. Energy produced from the solar plant is connected to the existing Cuamba substation operated by Electricidade de Moçambique (EDM) located approximately 450 meters (m) northeast of the Project site, through an existing 33 kilovolt (kV) overhead transmission line which required the upgrade of the existing single wooden pole to a double pylon. Upgrade works were also undertaken at the Cuamba substation, including equipment upgrades and extension of the substation yard. The upgrade of the substation and of the transmission line were funded by CET sponsor and carried out by TSK. The facilities were handed over to EDM for operation and maintenance. The transmission line and Cuamba substation are out of scope of the Project and are not considered Associated Facilities to the Project during the Operations and Maintenance (O&M) phase. The Project also includes an access road of approximately 1000 m that turns off from the EDM Substation to the PV Plant. Maintenance and upkeep of the access road is the responsibility of the Cuamba District. |
