Should Angola invest in energy storage solutions?

With the ongoing solar projects under development in Angola with an installed capacity amounting to 500 MW, it is urgent to start thinking about efficient energy storage solutions. What structural challenges must be addressed for Angola to seize its renewable energy potential?

Will Angola's new solar power plant provide sustainable electricity?

The new solar infrastructure will provide sustainable electricity to 1 million people. The Export-Import Bank of the United States (EXIM) has awarded a loan to Angola’s Ministry of Energy and Water to deploy two large-scale solar power plants.

Can Angola deploy pumped-storage hydroelectricity & hydrogen solutions?

Fernando Prioste, CEO of COBA Group, talks to The Energy Year about Angola’s potential for deploying pumped-storage hydroelectricity and hydrogen solutions as it develops a robust energy industry and the central role of COBA Group in the country’s power arena.

Who is tasked with the construction of the Angola solar energy project?

Clean energy firm MCA Group has been tasked with the construction of the projects. An agreement for the provision of $900 million in funding to support the implementation of the Angola Solar Energy Project was reached between Angola’s Ministry of Energy and Water and the U.S. Export-Import Bank in June 2023.

What should Angola's priorities be to achieve energy self-sufficiency?

What should Angola’s priorities be in order to achieve energy self-sufficiency? Angola has everything it needs to achieve energy self-sufficiency through renewable sources – not only water, but also sun and wind.

Will Angola become a hydrogen producer?

There’s a possibility that Angola will become a hydrogen producer using the excess of power during non-peak consumption periods, considering the future capacities of solar and wind projects. With its experience in the energy sector, COBA will be able to help the national authorities with this challenge.