Cape Verde has inaugurated its largest photovoltaic solar plant, a 5 MW array on Sal Island, as part of its renewable energy expansion. The project — built by Aguas de Ponta Preta — is one of several aimed at reducing fossil fuel dependence and stabilizing energy costs.
Largest Photovoltaic Solar Plant
Cape Verde has taken a significant step towards renewable energy with the inauguration of its largest photovoltaic solar plant to date. The new 5 MW solar array — located in Santa Maria on Sal Island — is part of the country’s ambitious efforts to increase its renewable energy capacity.
Largest solar plant (Image: Collected)
The Ministry of Energy and Commerce revealed that this photovoltaic project is the largest in the nation's history, marking a milestone in Cape Verde’s journey toward a sustainable future.
The project was constructed by Aguas de Ponta Preta — a Cape Verdean company — and is part of a broader strategy to promote renewable energy across the country. The Ministry of Energy announced that this new plant is just one of several renewable energy projects in the pipeline. Cape Verde plans to install eight more solar arrays, aiming to reduce its reliance on fossil fuels and stabilize energy prices.
Photovoltaic Power to Reduce Energy Costs
The Ministry of Energy emphasized that the shift to photovoltaic solar energy will bring multiple benefits to Cape Verde. It will reduce the country’s dependence on imported fossil fuels, which is a significant factor in the current cost of electricity.
“When we surpass 50% renewable energy penetration, we will begin to see the full effects of reduced external impact on energy prices,” the ministry said. This shift will ultimately lower electricity costs for households and businesses, making energy more affordable and stable across the country.
Cape Verde’s focus on photovoltaic energy is a clear sign of its commitment to renewable energy. The new solar plant on Sal Island represents a significant step forward in the country’s efforts to reduce its carbon emissions and achieve energy independence.
The project also showcases the importance of international cooperation. Aguas de Ponta Preta, operated by a Spanish company, has brought valuable expertise and experience to the development of this photovoltaic plant.
Cape Verde’s Renewable Energy Targets
Cape Verde has set ambitious renewable energy targets. The country aims to achieve 30% renewable energy in its electricity mix by 2026, with plans to exceed 50% by 2030.
This new photovoltaic plant plays a vital role in helping the nation achieve these targets. Figures from the International Renewable Energy Agency (IRENA) show that Cape Verde had 26 MW of installed solar capacity by the end of 2023, up from 23 MW in 2022.
The growing investment in photovoltaic solar energy is a critical part of Cape Verde’s long-term energy strategy. The country is committed to reducing its carbon footprint and increasing the use of clean, renewable energy. With this new plant, Cape Verde is moving closer to its goal of energy independence and sustainability.
Affordable Photovoltaic Energy for Cape Verde
During the inauguration ceremony, Aguas de Ponta Preta Chairman Norberto Lariba announced that the energy produced by the photovoltaic plant will be sold at a competitive rate. For the first 15 years, the price will be less than 5 Cape Verdean escudos (0.045 euros) per kilowatt-hour, thereby making it one of the most affordable energy sources in the country.
This pricing structure is part of a long-term power purchase agreement (PPA) between Cape Verde’s Ministry of Industry, Commerce, and Energy (DNICE) and Aguas de Ponta Preta. The PPA ensures that the electricity produced by the photovoltaic plant will be distributed efficiently and at a competitive price for the next 25 years.
The new photovoltaic plant on Sal Island marks the beginning of a new era for Cape Verde. As the country continues to invest in renewable energy, it is positioning itself as a leader in the global shift toward clean energy. With continued commitment and investment, Cape Verde will likely achieve its energy independence goals well before its 2030 target.