MoU signed for solar power plant PPP in Mozambique

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Syrah Resources Ltd and unit of Solarcentury has signed a memorandum of understanding (MoU) to develop a hybrid solar power plant at graphite operations plant located in Balama, Mozambique.

The project involves the development of an 11.2-MW solar park with an 8.5-MW battery energy storage component, which will work in conjunction with the existing 15-MW diesel generation power plant. The project will be procured on design, funding, construction and operation basis.

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