Mozambique eyed for 12GW solar green hydrogen mega-project
A UK-based developer is planning a 12GW green hydrogen and ammonia project in southern Mozambique, in what could become one of the largest solar-to-hydrogen facilities globally.
Jearrard Energy Resources (JER) has signed a memorandum of understanding with Carbon Capital Corporation and Luxembourg-based Green Bond Corporation to begin carbon feasibility studies and develop a financing strategy, including a potential £25 billion bond raise.
The proposed project, located in Inhambane province, would use solar power to produce over 4,000 tonnes of hydrogen per day for export to India, Europe and Asia-Pacific markets.
JER says the site benefits from strong solar irradiance, access to water, and established shipping routes, making it ideal for large-scale renewable hydrogen production.
Project scope and local impact
According to JER, the project will include:
- 12GW of solar-powered electrolysis for hydrogen and ammonia production
- Pipeline infrastructure for water intake and hydrogen transport, serving both export and local energy needs
- A new gas export terminal for maritime delivery
- Rural electrification links to off-grid communities in Mozambique
- A 65,000-hectare game and nature reserve to support environmental restoration and eco-tourism
The company says the development will align with Mozambique’s national sustainability goals and create long-term socio-economic benefits, including job creation and capacity building.
Funding strategy through carbon finance
Carbon Capital Corporation, which specialises in carbon market-based infrastructure finance, will act as financial advisor and co-developer.
The group plans to underpin investor confidence through environmental credit stacking and social co-benefits aligned with environmental, social and governance (ESG) and UN Sustainability Development Goals (SDG) principles.
Mark Phillips, CEO of CCC, said the collaboration aims to “remove obstructions that have in the past prevented the flow of capital from traditional markets into sustainability-focused infrastructure.”
The group also claims its structuring work will support robust third-party validation, helping the project meet institutional investor standards from day one.
Hydrogen export as geoeconomic shift
While still at feasibility stage, the project adds to a growing number of large-scale hydrogen proposals across Africa aiming to supply global energy markets.
Commenting in support of the concept, Professor Lisa Wilson, Global Head of Strategic Partnerships at the Green Bond Corporation said the JER development could “influence the geography of energy trade,” helping countries like Mozambique become low-cost hydrogen exporters.
No timelines have yet been confirmed for financial close or construction, though JER describes the MoU as a “clear roadmap” toward full execution.
