Eni, Sonangol JV Moves Forward on Angola Photovoltaic Project
December 06 2021 - 7:02AM
Dow Jones News
By Olivia Bugault
Eni SpA said Monday that plans to build the Caraculo
photovoltaic plant in Angola are progressing, with a final
investment decision reached by Solenova, its joint venture with
Angolan national oil company Sonangol.
The signing of an engineering, procurement and construction
contract by Solenova is for the first phase of the solar power
plant whose construction should start next year, the Italian
oil-and-gas company said.
Capacity at the plant will increase in phases. In its first
phase, the plant will have a capacity of 25 megawatts-peak, with an
ultimate total capacity of 50 megawatts-peak.
"The Caraculo photovoltaic plant will be an important source of
electrical power in the Namibe province, from a renewable resource,
and will allow the reduction of diesel consumption for electricity
generation, thus reducing the emission of greenhouse gases (GHG)
and contributing to Angola's energy transition," it said.
Write to Olivia Bugault at olivia.bugault@wsj.com
(END) Dow Jones Newswires
December 06, 2021 06:47 ET (11:47 GMT)
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