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Wednesday, December 6, 2023
Masdar has announced plans to develop a major 150 megawatt (MW) solar PV project in Angola to deliver renewable energy to 90,000 homes while creating hundreds of jobs, spurring economic growth, and cutting carbon emissions.
Masdar signed a concession agreement with Angola’s Ministry of Energy and Water to build and operate the ground-mounted solar power project in the Quipungo region, Hulia province, southern Angola. The area enjoys strong solar irradiation levels but struggles with a lack of access to reliable electricity. This project will significantly support Angola’s goal of increasing its national electrification rate to around 60 percent by 2025.
The agreement was signed by HE Joao Baptista Borges, Angola’s Minister of Energy and Water and Masdar’s Chief Executive Officer, Mohamed Jameel Al Ramahi.
HE Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, Chairman of Masdar and COP28 President, said: “Africa has what it takes to become the world’s renewable energy powerhouse. At COP28 and beyond, we will continue to work with Africa for Africa. The UAE stands shoulder-to-shoulder with our friends in Africa as we strive to secure a just energy transition at this COP of action and COP for all. We are delighted to be moving forward with plans to build this solar power plant in Angola that will bring vital clean energy and jobs to communities. We look forward to developing this strong partnership with Angola as we work together to maximize the country’s huge clean energy potential.”
Provinces like Huila, where this solar project will be built, are highly constrained by their dependence on emissions-intensive, unreliable fuel. Once completed, the solar facility will displace over 224,000 tonnes of carbon emissions every year, the equivalent of removing 50,000 cars from the roads.
The solar plant will support homes and businesses to leapfrog from patchy, traditional-fuel powered electricity to accessing continuous clean energy. The project will boost the local economy too. Up to 600 jobs are expected to be created during the construction phase. Afterward, the supply of reliable, clean energy is expected to help grow sectors including agriculture.
The solar project in Quipungo forms part of a wider commitment made by Masdar in January, during Abu Dhabi Sustainability Week 2023, to develop 5 gigawatts (GW) of renewable energy projects across Angola, Uganda, and Zambia. The Agreements were signed under the umbrella of Etihad 7 – a global development fund launched by the UAE to provide 100 million people across the African continent with clean electricity by 2035.
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