Ncondezi gets approval for solar project transmission study

13th Jan 2023 15:53

(Sharecast News) - Ncondezi Energy updated the market on its 300MW solar photovoltaic (PV) and battery energy storage system (BESS) project's transmission integration study on Friday, reporting that the study to connect the solar project into the grid had been approved by Electricidade de Moçambique (EDM).

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Ncondezi gets updated land use deal for Mozambique solar project

9th Jan 2023 12:51

(Sharecast News) - Ncondezi Energy updated the market on its 300MW solar photovoltaic and battery energy storage system (BESS) project in Tete, Mozambique on Monday.

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Ncondezi inks master services deal with Synergy Consulting

22nd Dec 2022 13:48

(Sharecast News) - Ncondezi Energy has signed a master services agreement with Synergy Consulting, it announced on Thursday, to provide financial and transaction advisory services for the 300MW solar photovoltaic and battery energy storage system (BESS) project in Tete, Mozambique.

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Ncondezi shares slide on Tete solar project update

21st Nov 2022 10:36

(Sharecast News) - Ncondezi Energy updated the market on its solar photovoltaic and battery energy storage system project in Tete, Mozambique on Monday.

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Ncondezi looking to offload coal project amid funding delays

21st Oct 2022 14:33

(Sharecast News) - Ncondezi Energy updated the market on the integrated Ncondezi 300MW power and mine project in Tete, Mozambique on Friday, announcing a process to find an acquirer or joint venture partner.

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Ncondezi restructures Seritza working capital term loan

16th Sep 2022 15:16

(Sharecast News) - Ncondezi Energy announced the restructuring of the Seritza working capital facility term loan to a convertible loan note on Friday, subject to shareholder approval of the rights to issue shares under the convertible loan.

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Ncondezi surges on start of Tete solar study

15th Jul 2022 14:03

(Sharecast News) - Ncondezi Energy updated the market on its solar photovoltaic and battery energy storage system (BESS) project in Tete, Mozambique on Friday, which is being carried out through its wholly-owned subsidiary Ncondezi Green Power Holding (NGP).

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Ncondezi surges on potential Mozambique solar project

9th May 2022 13:54

(Sharecast News) - Ncondezi Energy updated the market on the review of its integrated Ncondezi 300 MW power project in Tete, Mozambique on Monday, saying it had found potential for a grid-scale solar-plus-battery storage project at the site.

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Ncondezi conserving cash as it seeks clarity on China coal policy

29th Mar 2022 13:31

(Sharecast News) - Ncondezi Energy updated the market on its integrated 300MW power project in Tete, Mozambique on Tuesday, and its working capital facility term loan with Seritza, amid confusion over the Chinese government's approach to funding overseas coal projects.

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Ncondezi subsidiary offloads Mozambique asset to focus on core project

3rd Dec 2021 13:12

(Sharecast News) - Ncondezi Energy announced on Friday that its wholly-owned subsidiary Ncondezi Green Power has entered into a sale and purchase agreement with Green Energy SPV, selling group company Mozambique Green Power (MGP) for $1.3m.

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Ncondezi signs EPC contract for coal-fired power plant

9th Sep 2021 13:29

(Sharecast News) - Ncondezi Energy announced on Thursday that the engineering, procurement and construction (EPC) power plant contract for the integrated Ncondezi 300MW coal-fired power project and coal mine in Tete, Mozambique, had been signed with China Machinery Engineering Corporation (CMEC) at a virtual signing ceremony.

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Ncondezi agrees targets for EPC contract

23rd Aug 2021 15:38

(Sharecast News) - Ncondezi Energy announced on Monday that a target signature date for the engineering, procurement and construction (EPC) power plant contract for the integrated 300MW coal fired power project and coal mine in Tete, Mozambique has been agreed with China Machinery Engineering Corporation (CMEC), with signature reverted for during the third quarter.

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Ncondezi signs term sheet to create green power joint venture

14th Jun 2021 15:21

(Sharecast News) - Ncondezi Energy announced the signing of a term sheet with binding exclusivity between its wholly-owned renewable energy subsidiary Ncondezi Green Power (NGP), and Nesa Capital and Nesa Engineering, collectively 'Nesa', on Monday.

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Ncondezi Energy signs relationship deal with Captive Power

9th Jun 2021 13:11

(Sharecast News) - Ncondezi Energy updated the market on its pipeline of solar and battery storage projects in the commercial and industrial sector on Wednesday, reporting that its wholly-owned renewable energy subsidiary Ncondezi Green Power (NGP) and Captive Power (CPL) have signed a binding relationship agreement.

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Ncondezi still waiting for feedback on Mozambique project

19th May 2021 16:56

(Sharecast News) - Ncondezi Energy updated the market on the integrated Ncondezi 300MW coal-fired power project and coal mine in Tete, Mozambique on Wednesday, reporting that the company and its partners were still waiting formal feedback from Electricidade de Moçambique (EDM) and the country's government, following submission of all agreed studies in December.

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