Masdar has signed a power purchase agreement for a 150MW solar project in Angola, as part of a larger 500MW renewable energy initiative. The project aims to increase generation capacity, provide electricity to 300,000 homes, and create over 2,000 jobs, aligning with Angola's national energy plans. The agreement was finalized during the IRENA General Assembly, showcasing a commitment to translating energy goals into tangible projects. Masdar's ambitious target is to reach a portfolio capacity of 100GW by the end of the decade, contributing significantly to global efforts in advancing renewable energy solutions.
https://www.power-technology.com/news/masdar-ppa-quipungo-solar-pv/