Mozambique seeks investors in renewable energies sector – Minister Klemens

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Mozambique seeks investors in renewable energies sector – Minister Klemens

11:38 CAT | 25 Jan 2017

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The Mozambican Minister for Mineral Resources and Energy, Letícia Klemens, has been participating in the seventh session of the General Assembly of the International Renewable Energy Agency (IRENA), seeking to attract more investment in renewable energies to Mozambique.

The minister’s participation in the event, held under the banner “Global Transformation of the Energy System”, was also an opportunity for Mozambique to display its enormous potential in terms of renewable energy, reads a press release sent yesterday to the AIM news agency.

In her speech to the Assembly, Klemens enumerated Mozambique’s ongoing actions in this area and invited those present to visit the country’s Renewable Energy Atlas, which has relevant information on national potential for the development of renewable energies projects.

It was the Mozambique government’s aim to ensure policies contribute to the sustainable development of the national energy sector, Klemens said.

“Under the Renewable Energy Development Policy, we want to increase the number of renewable energy projects in the country, and for this we have national and foreign investment, so you are invited to move forward with proposals for our country,” she said.

The main challenges identified were the need to adjust the political, strategic and regulatory framework in order to attract more investors, deepening the integration of renewable energies into the national electricity system and, finally, the development of isolated systems models based on renewable energy systems.

The International Renewable Energy Agency, the African Development Bank and development partners have shown their willingness to provide technical and financial support for these actions identified by Mozambique, which has been a full member of the International Renewable Energy Agency since 2010.

Minister Klemens was accompanied by the ambassador of Mozambique to the United Arab Emirates and energy sector staff.

Approximately two thousand delegates from 150 organization member states participated in the event in Abu Dhabi, United Arab Emirates. They included members of government, private sector and civil society representatives and various international organizations.

Created in January 2009 at the Bonn conference, IRENA is an intergovernmental organization that supports countries in their transition to a sustainable energy future, serving as the main platform for international cooperation.

IRENA’s mission is to promote the widespread adoption and sustainable use of all forms of renewable energy, including bioenergy, geothermal energy, hydropower, ocean energy, solar energy and wind energy for sustainable development.

Source: AIM Moçambique