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Angola Moves Towards 73 Per Cent Renewable Energy Target

Angola Moves Towards 73 Per Cent Renewable Energy Target

Angola is making progress towards its goal of achieving 73% of its energy coming from renewable sources by 2027, with technical and financial support from the United States and other international partnerships, the Minister of Energy and Water, João Baptista Borges, said on Wednesday in Benguela.

The information was given to the press before the start of the Multilateral Summit on the Lobito Corridor, which is taking place today in the city of Benguela, with the presence of the presidents of Angola, João Lourenço, and the United States of America, Joe Biden.

The forum will also be attended by the heads of state of Zambia, Hakainde Hichilema, the Democratic Republic of Congo (DRC), Félix Tchissekedi, and the vice-president of Tanzania, Philip Mpango.

According to João Baptista Borges, who is part of the Angolan delegation to the meeting, the objective is part of the 2023-2027 energy sector action plan, which seeks to diversify the country’s energy sources, focusing on solar, hydro, wind and biomass energy, taking advantage of Angola’s great potential in this area.

He considered the United States to be an important partner in Angola’s energy transition process, in that it is financing important projects in the field of production and distribution of renewed energy.

Of these projects, he cited the construction of two important solar parks, one in Malanje province and the other in Luanda, in the Catete region, which will add another 500 megawatts of solar energy to the country’s energy matrix.

Another project with around 320 megawatts, according to the minister, will be installed in four provinces in the south of the country with distribution network components and also batteries, which will cover remote areas where fossil fuels are still currently used.

He said that the United States has already financed around 2.4 billion dollars, which is included in energy production packages such as battery storage, renewable energy production, distribution networks and transmission lines.

At the summit, which ends today, the heads of state will analyse issues related to the development and expansion of the Lobito Corridor, as well as issues relevant to strengthening climate security and the transition to renewable energies.

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Source: Angop

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