Ncondezi Energy pivoting to solar in Mozambique

Digital Asset Direct by Ncondezi Energy Ltd

London, UK | October 25, 2022 09:40 AM Eastern Daylight Time

Ncondezi Energy Ltd's (AIM:NCCL, FRA:9NE) CEO Hanno Pengilly speaks to Proactive following its shift away from coal towards solar power at its site in Mozambique. Ncondezi is looking for an "acquirer or JV partner" to fund and mine the 4bn tonnes of coal resources at its Tete site, while it concentrates on developing a 300mw photovoltaic solar array.

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