The Government of Angola has signed a Memorandum of Understanding (MoU) with Sun Africa and US-based AfricaGlobal Shaffer to build a US$1.5 billion mini-grid energy project that seeks to electrify all municipal headquarters and main communes in the country.
The project will supply power and water to the population and promote the emergence of economic ventures through the use of conventional solutions, with the extension of lines, and the construction of substations, or using solar energy.
Sun Africa will secure financial resources from Eximbank to start the development of the project. The project is expected to be implemented in two years.
Country updates
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May 06, 2021
Q Cells to supply solar modules for PV project in Benguela
Hanwha Q Cells has been commissioned to supply photovoltaic modules for 370 MW solar PV projects in Angola. Q CELLS modules will power the largest single solar plant in the Angola project, whic...
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April 30, 2021
Trafigura to acquire Puma Energy assets
Puma Energy Holdings Pte. Ltd, Trafigura PTE Ltd, and Sonangol EP have signed a series of agreed transactions. First, Trafigura has agreed to purchase from Sonangol its entire shareholding in Puma En...
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March 23, 2021
AfDB approves US$530mn financing for Future Central-South 400 kV Interconnector Transmission Project
The African Development Bank has committed US$530 million to finance the construction of a 343 km, 400 kV central-south transmission line that will connect the north and south transmission grids in An...
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December 03, 2020
MCA Group leads consortium to install 370 MWp solar project in Angola
MCA Group is set to lead a consortium that aims to develop a 370 MWp solar photovoltaic project in Angola. The MCA Solar Angola project will involve the development of seven photovoltaic s...
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March 13, 2020
BP awards TechnipFMC EPCI contract for the Platina Oil Field project development
The subsidiary of upstream developer BP plc, BP Angola, has awarded TechnipFMC integrated engineering, procurement, construction, and installation contract for the development of the Pl...
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