Ncondezi Energy has completed a US$500,000 bridge loan agreement between its wholly owned renewables subsidiary, Ncondezi Green Power and certain Directors to finance the construction of its 400kWp solar PV plus 912kWh battery storage project located in Mozambique. CEO, Hanno Pengilly commented “Today’s announcement ensures that our maiden solar PV and battery storage project is fully financed to commission in late June 2021. It brings the Company one step closer to completing the first of our pipeline of C&I solar and battery off-grid projects and to our first cashflow…”