Angola is set to develop six new solar power projects with a combined capacity of 800 MW by 2025. This ambitious initiative forms a key part of the country’s broader strategy to diversify its energy sources, enhance the stability of its electricity grid, and contribute to global efforts to combat climate change. You can read more about Angola’s solar energy goals at PVKnowhow.
Angola Solar Energy Funding and Objectives
The African Development Bank Group (AfDB) has approved a $1.5 million grant to support the initial development phase of these solar projects. The funding, channeled through the Sustainable Energy Fund for Africa (SEFA) and the Japan Trust Fund for Coal Transition in Africa, underscores the international commitment to supporting Angola’s energy transition.
This crucial financial support will facilitate the preparation of comprehensive technical, financial, environmental, and social feasibility assessments for each project. These assessments are essential for attracting private sector investors and ensuring the projects’ long-term sustainability. Officially known as the Angola Solar Independent Power Producers Projects, the initiative aims to bolster the stability of Angola’s electricity grid and diversify its energy sources away from its current reliance on hydropower. For further information on similar projects, see Angola’s mini-grid initiative.
Angola has set an ambitious target of generating 70% of its electricity from renewable sources by 2025. Currently, hydropower dominates the energy mix, accounting for approximately 94% of the installed capacity, with the remaining 6% coming from thermal power plants. Integrating solar energy will significantly reduce Angola’s dependence on these sources, creating a more resilient energy system less vulnerable to fluctuations in water levels and fossil fuel prices. PVKnowhow provides additional insights into Angola’s solar expansion.
Boosting Electricity Access with Angola Solar Energy
These solar projects are poised to significantly improve electricity access in Angola, where only an estimated 45% of the population currently has access to this essential service. Furthermore, the projects are designed to reduce technical losses in the energy distribution network, currently estimated at 21.6%.
By diversifying the energy mix and enhancing the efficiency of the electricity system, these solar projects will play a pivotal role in expanding energy access across the country, driving economic development, and improving quality of life. Learn more about other initiatives aimed at increasing energy access at PVKnowhow.
Kevin Kariuki, the African Development Bank’s Vice President for Power, Energy, Climate Change, and Green Growth, emphasized the project’s significance, stating, “This project will bring Angola closer to its goal of achieving a low-carbon, sustainable, and inclusive energy transition. It will also help the country meet its international climate commitments.”
Private Sector Participation in Angola Solar Energy
The project is structured to attract substantial private sector investment. By providing comprehensive technical and financial assessments, the initiative establishes a transparent and robust framework for private companies to participate in the development of these solar power plants. This approach aligns with the Angolan government’s strategy to leverage private sector expertise and capital to accelerate the energy transition and foster sustainable economic development.
The Angola Solar Independent Power Producers Projects represents a major stride forward in the country’s energy transition. By developing 800 MW of solar power capacity, Angola is demonstrating leadership in the pursuit of renewable energy and setting a compelling example for other African nations seeking to diversify their energy portfolios and reduce their reliance on fossil fuels. This project aligns with global efforts to mitigate climate change and promote sustainable development, and with the support of the African Development Bank and other international partners, Angola is well-positioned to achieve its renewable energy targets and build a more resilient and sustainable energy future.
