Cedar plans to exit market after signing deal for 3MW hydro plant

Issue 458 - 06 Apr 2022 - By Marc Howard | 3 minute read

The delayed signing of a power purchase agreement between Cedar Energy and Malawi’s regulator took place amid a gloomy atmosphere, with the developer saying its Muloza project is no longer economic. Wider problems in the energy sector have been symbolised by the resignation of the regulator’s board in February, serious power shortages and fuel price rises, writes Marc Howard

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