The President of the Republic, João Lourenço, approved the construction of a 90 MW on-grid photovoltaic Solar Power Plant, and a 25 MW battery storage system in Cabinda, worth 141.7 million euros.
This approval is justified by the need for investment to boost the production, transport and distribution of electricity in the country.
For the contract, the Ministry of Energy and Water, João Baptista Borges, was given the power to sub-delegate the execution of the contract with the company Elsewedy Electrific for the transmission and distribution of energy.
The Minister of Finance, Vera Daves, is authorized to start the negotiation of the loan and sign all the documents and contracts necessary for the financing of the project and make its registration in the Public Investment Program (PIP) and in the State Budget of 2022.
Angola will have seven power plants to be built in six of the country's 18 provinces, namely in Benguela, with two, including the one in the Municipality of Baía Farta (96.7 MWp), in Lunda Sul (26.91 MWp ), Moxico (26.91 MWp), Bié (14.65 MWp), Huambo (7.99 MWp) and Lunda Norte (7.2 MWp).
The largest solar power plant in the country, with an estimated production capacity of 188 megawatts (MWp), will be built in the commune of Biópio, municipality of Catumbela in the Province of Benguela.
The total funding for this megaproject, which is expected to produce 370 megawatts of clean energy by the end of 2022, as part of the Angolan Executive's commitment to increasing the capacity to produce electricity from renewable energy sources, is around more than 500 million of euros.
Learn more about Renewable Energy in Angola, with the National Status Report published by ALER on July 2022. Available here.
Source: The Country.