Angola’s Sonangol and ENI have signed an agreement for the development of renewable energy projects. The two firms will form a JV to handle the renewable energy projects, Solenova.
The goal is to install 800 MW of renewable energy plants by 2025. The majority of these power plants will be solar powered.
The first project has already been identified, a 50-MW PV plant to be located in the south of the country.
Construction of these plants is part of the government's plans to reduce the use of thermal power plants for power generation.