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Masdar signs agreement to develop a 150 MW solar project in Angola

The Angolan government has signed a concession agreement with the Emirati renewable energy company Masdar for the development of a 150 MW solar power project in the Quipungo region of southern Angola. The concession agreement (of 25 to 30 years) engages Masdar to build and operate the ground-mounted Quipungo solar power plant, a project in line with Masdar’s commitment to develop 5 GW of clean energy projects across Angola, Uganda and Zambia. The project also aims to support the country’s objective of increasing the national electrification rate to more than 50% by 2027. 

Angola's installed capacity relies on hydropower (3.7 GW out of 7.3 GW in 2021), oil (2.3 GW) and gas (1.2 GW), with only 51 MW of biomass and 13 MW of solar (no wind capacity). Hydropower accounts for 75% of the country's power mix (2022).

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