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What is Sun Africa doing in Angola?

Serving as its second large-scale solar project in the country, Miami-based utility-scale solar project developer, Sun Africa, will deploy 728 MW of solar photovoltaic mini-grids with battery storage and home power kits, which will support the electrification of more than two million people in four southern Angolan provinces.

How many solar PV projects are there in Angola?

Earlier this year, the consortium of Sun Africa, MCA Solar Angola and Hitachi ABB Power Grids broke ground on 370 MW of solar PV projects in Angola. These are split across seven different facilities now under-construction, including the 188.88 MWdc Biopioa solar plant and the 96.70 MWdc Benguela solar plant.

What is Angola's solar power potential?

While the country has so far mostly relied on hydropower and thermal sources of energy, it also has a high solar resource potential, and its average annual global radiation is estimated at between 1370 and 2100 kWh/m2/year. With this resource, Angolan authorities believe they could install a solar power generation capacity of 55,000 MW.

What is the Angolan government's $1.5bn mini-grid energy project?

The Angolan Government and Sun Africa signed an MoU for a $1.5bn mini-grid energy project on September 20th, in the presence of President João Lourenço. Earlier this year, the consortium of Sun Africa, MCA Solar Angola and Hitachi ABB Power Grids broke ground on 370 MW of solar PV projects in Angola.

Is Angola a good investment destination for international investors?

With substantial oil and gas reserves, an improved operating environment and a burgeoning energy industry, Angola is an attractive destination for international investors seeking opportunities in the African market. AfricaGlobal Schaffer, Sun Africa and the Government of Angola to invest $2 billion into new solar energy projects.