Browsing: Solar energy investments in Angola

Masdar
  • Masdar, UAE’s renewable energy company, signs agreement with Angola’s Ministry of Energy and Water at COP28 to develop solar plant in southern Angola.
  • Project will create up to 600 jobs and deliver clean energy to 90,000 homes in region with significant electricity supply challenges.
  • The agreement signed at COP28 demonstrates Masdar’s commitment to just energy transition in Africa and around the world.

Masdar, one of the world’s leading renewable energy companies, 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.

As global leaders engaged in climate negotiations at the UN’s climate change conference COP28 in Dubai, Masdar – the UAE’s clean energy powerhouse – signed a concession agreement with Angola’s Ministry of Energy and Water to build and operate the ground-mounted solar power project in …