Page 9 - AfrElec Week 49 2021
P. 9

AfrElec                                          SOL AR                                              AfrElec


       Eni, Sonangol to build Solenova 50-





       MW solar project in Angola






        GLOBAL           ITALY’S Eni and Angola’s Sonangol are to  2019 to assess and develop renewable energy
                         develop the Caraculo solar photovoltaic (PV)  opportunities in Angola. The new company will
                         project in Namibe Province of Angola.  focus on utility-scale solar projects and support
                           Eni and Sonangol have signed a contract to  the country’s energy strategy to reach 800 MW of
                         create a joint venture named Solenova. It reached  installed renewable capacity by 2025.
                         final investment decision (FID) stage and signed   Eni has traditionally been active in the oil-
                         a contract to develop a 50-MW project in phases.  rich Angolan territory producing 33mn barrels
                           The first phase of the project will be for 25  of oil and condensate annually. The company
                         MW and the project should start operations in  is looking at strategies to decarbonise the local
                         the last quarter of 2022.            energy sector.
                           The Caraculo PV plant will be an important   In October, President of the Republic of
                         source of renewable electrical power in Namibe  Angola João Gonçalves Lourenço and the CEO
                         Province, which currently relies heavily on die-  of Eni, Claudio Descalzi, Eni Angola, ANPG
                         sel for electricity generation. The installation of  and Sonangol signed a memorandum of under-
                         the solar PV plant should reduce emissions and  standing (MoU) for the joint development of the
                         increase energy independence for the region.  agro-biofuel sector in the country.
                           In addition, Eni suggests the project will pos-  The partnership will see the development of a
                         itively contribute to the sustainable development  circular economy approach, assessing in particu-
                         of communities in the surrounding areas. This  lar the development of low-ILUC (indirect land‐
                         would be through increased access to energy,  use change) cultivations such as castor beans on
                         water, health and education.         degraded lands and cover crops in rotation with
                           Solenova Ltd was signed into being in June  cereals.™

















































       Week 49   09•December•2021               www. NEWSBASE .com                                              P9
   4   5   6   7   8   9   10   11   12   13   14