{"id":44181,"date":"2023-08-06T17:18:07","date_gmt":"2023-08-06T17:18:07","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/get-invest-injects-1-8-billion-dollars-in-renewable-energy"},"modified":"2023-08-06T18:11:04","modified_gmt":"2023-08-06T18:11:04","slug":"get-invest-injects-1-8-billion-dollars-in-renewable-energy","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/get-invest-injects-1-8-billion-dollars-in-renewable-energy","title":{"rendered":"GET.invest injects 1.8 billion dollars in renewable energy"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>The European Programme for Clean Energy Investments (GET.Invest) has approved 144 projects on renewable energy, budgeted at around 1.8 billion dollars, drawn up by private companies in Mozambique, during the period 2016-2023.<\/p>\n

The approved projects are part of a universe of nearly 1,400 submitted over the period, of which 380 were supported and 70 are in the financial closing phase, at a cost of 442 million Euros.<\/p>\n

The data are contained in a Get.Invest document, sent to AIM, in which the European multi-donor programme points to a high success rate and a wide reach in the market, despite persistent challenges of various kinds.<\/p>\n

\u201cAs a pioneering initiative, GET.invest delivers solid and tangible results. Development of a pipeline, with more than 200 projects supported with a high success rate, great reach in the market, with more than 16,000 participants\u201d, reads the note.<\/p>\n

Get.Invest justifies the investment in the sector, as clean energy solutions are becoming increasingly commercially viable and represent the most cost-effective option to provide clean and affordable energy to millions of people by linking project and business development to financing.<\/p>\n

\u201cGET.Invest believes that by 2030, 41 billion Euros per year is needed to accelerate electrification projects in Africa within the framework of universal access\u201d, the document says.<\/p>\n

According to the data, solar energy is the most abundant renewable source in Mozambique, with a potential for the production of 23,000 Gigawatts, but hydropower remains the source that presents the most priority projects in the order of 5.6 Gigawatts.<\/p>\n

It should be noted that the Mozambican authorities have already identified a vast range of medium-sized projects, with very competitive costs, on Mozambican rivers, namely, the Revue, Bu\u0301zi, Pu\u0301ngue\u0300, Luenha, Revu\u0301bue\u0300, Licungo, Lu\u0301rio, Lugenda, Messalo, and Lucheringo, among others.<\/p>\n

GET.Invest Mozambique is funded by the Delegation of the European Union in Mozambique within the scope of the Promote Energy programme and by the German Ministry for Development Cooperation.<\/p>\n

For More News And Analysis About Mozambique<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mozambique. The European Programme for Clean Energy Investments (GET.Invest) has approved 144 projects on renewable energy, budgeted at around 1.8 billion dollars, drawn up by private companies in Mozambique, during the period 2016-2023. The approved projects are part of a universe of nearly 1,400 submitted over the period, of which 380 were supported […]<\/p>\n","protected":false},"author":84,"featured_media":44179,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,281,283],"class_list":["post-44181","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"\nGET.invest injects 1.8 billion dollars in renewable energy - Mozambique<\/title>\n<meta name=\"description\" content=\"The European Programme for Clean Energy Investments (GET.Invest) has approved 144 projects on renewable energy, budgeted ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/get-invest-injects-1-8-billion-dollars-in-renewable-energy\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GET.invest injects 1.8 billion dollars in renewable energy\" \/>\n<meta property=\"og:description\" content=\"The European Programme for Clean Energy Investments (GET.Invest) has approved 144 projects on renewable energy, budgeted ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/get-invest-injects-1-8-billion-dollars-in-renewable-energy\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-06T17:18:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-06T18:11:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/08\/sm_1691329166.33614.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"730\" \/>\n\t<meta property=\"og:image:height\" content=\"438\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/get-invest-injects-1-8-billion-dollars-in-renewable-energy#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/get-invest-injects-1-8-billion-dollars-in-renewable-energy\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"GET.invest injects 1.8 billion dollars in renewable energy\",\"datePublished\":\"2023-08-06T17:18:07+00:00\",\"dateModified\":\"2023-08-06T18:11:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/get-invest-injects-1-8-billion-dollars-in-renewable-energy\"},\"wordCount\":334,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/get-invest-injects-1-8-billion-dollars-in-renewable-energy#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/08\/sm_1691329166.33614.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/get-invest-injects-1-8-billion-dollars-in-renewable-energy#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/get-invest-injects-1-8-billion-dollars-in-renewable-energy\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/get-invest-injects-1-8-billion-dollars-in-renewable-energy\",\"name\":\"GET.invest injects 1.8 billion dollars in renewable energy - 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