Masdar signs landmark agreement for solar project in Angola

Masdar, a global clean energy leader, has signed a Power Purchase Agreement (PPA) for the 150-megawatt (MW) Quipungo Solar Photovoltaic project in Angola, marking Masdar’s first PPA in the country.

The Quipungo project represents the first contracted site under Project Royal Sable, a planned 500MW renewable energy programme across three sites that will strengthen Angola’s southern power grid and support the country’s sustainable development objectives.

Once completed, the programme is expected to create more than 2,000 jobs, deliver clean electricity to around 300,000 homes, and enhance power generation capacity in Angola’s southern grid.

The signing took place on the sidelines of the IRENA General Assembly on Sunday, part of Abu Dhabi Sustainability Week, and was witnessed by Dr. Amna bint Abdullah Al Dahak, Minister of Climate Change and Environment, Joao Baptista Borges, Angola’s Minister of Energy and Water, Julio Belarmino Gomes Maiato, Ambassador of the Republic of Angola to the UAE, Francesco La Camera Director-General of the International Renewable Energy Agency (IRENA), and Mohamed Jameel Al Ramahi, Masdar’s Chief Executive Officer.

Masdar is now the largest operator of renewables on the continent through its joint venture, Infinity Power, which currently operates 1.3GW of solar and onshore wind power projects in South Africa, Egypt, and Senegal, and has a 13.8GW project pipeline, including battery storage and green hydrogen facilities, in various stages of development.

The addition of Project Royal Sable will contribute to Masdar’s target of 100 GW portfolio capacity by 2030.