Abu Dhabi Future Energy Company PJSC – Masdar has signed a power purchase agreement (PPA) for the 150MW Quipungo solar photovoltaic (PV) project in AngolaIt marks the clean energy group’s debut PPA in the West African country.The Quipungo project represents the first contracted site under Project Royal Sable, a planned 500MW renewable energy programme across three sites that will strengthen Angola’s southern power grid and support the country’s sustainable development objectives.The agreement was signed with the state-owned offtaker Rede Nacional de Transporte de Electricidade (RNT-EP).The PPA secures long-term electricity offtake from the 150MW Quipungo site, located in Huila Province in southern Angola.By establishing the first commercial anchor project under Project Royal Sable, the agreement also provides a foundation for the phased development of the wider 500MW portfolio, which once completed is expected to create more than 2,000 jobs, deliver clean electricity to around 300,000 homes, and enhance power generation capacity in Angola’s southern grid.Project Royal Sable reflects Masdar’s commitment to developing large-scale, bankable renewable energy infrastructure in emerging markets, supporting national energy strategies while expanding access to reliable, affordable clean power, according to its CEO Mohamed Jameel Al Ramahi.“Africa is the world's fastest-growing continent and that growth will depend on affordable, secure energy,” he said.“As a pioneer of renewables in Africa, Masdar is committed to developing clean energy across the region.”He added that signing a first PPA in Angola represents an important milestone on its journey.“The Quipungo PPA demonstrates how long-term partnerships and structured offtake arrangements can accelerate the deployment of utility scale renewables that support national clean energy ambitions, economic development, and job creation providing reliable, affordable clean power to local communities.”Masdar is now the largest operator of renewables on the continent through its joint venture, Infinity Power, which currently operates 1.3 GW of solar and onshore wind power projects in South Africa, Egypt, and Senegal.It also has a 13.8 GW project pipeline, including battery storage and green hydrogen facilities, in various stages of development.The addition of Project Royal Sable will contribute to Masdar’s target of 100 GW portfolio capacity by 2030.Also present at the signing ceremony was Francesco LaCamera, director general of the International Renewable Energy Agency (Irena).“The Quipungo solar PV project will contribute to strengthening Angola’s power system and expanding access to clean, reliable electricity, improving thousands of lives and inspiring greater investor confidence in Africa’s energy transition,”said LaCamera.Read more:
Masdar signs its first solar PPA in Angola
Masdar PPA signing ceremony (Image source: Masdar)
