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AIM:NCCLFRA:9NE
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Ncondezi Energy to become 'leader play in Mozambique', announcing reignition of solar power project

Ncondezi Energy Ltd's (LON:NCCL) Hanno Pengilly joins Proactive London to explain their new strategy after the re-mobilisation of construction works at its solar power project in Mozambique.

Pengilly says 'this is a solid statement of our intention to become a leader play in Mozambique in a sector which I strongly believe will be the key growth sector in the energy space'.

The project is the maiden commercial and industrial project for Ncondezi Green Power (NGP), the AIM-quoted firm’s wholly owned renewables subsidiary.

Pengilly explains how the project is using leading technology from Tesla, JA Solar and ABB for the battery pack, solar panels and inverters.

Quick facts: Ncondezi Energy Ltd

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AIM:NCCL

Price: 1.59 GBX

Market Cap: £6.53 m

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Ncondezi Energy announce solar power and battery storage joint venture to...

Ncondezi Energy Ltd (LON:NCCL) chief executive Hanno Pengilly talks to Proactive London's Sarah Lowther after signing a term sheet with binding exclusivity with Nesa Capital (Pty) Ltd and Nesa Engineering (Pty) Ltd. The deal proposes a new joint venture company to create a leading regional...

on 14/6/21

2 min read