What is the energy source in Cabo Verde?

Energy generated by wind turbines feeds the national grid on several islands. Cabo Verde offers good and reliable wind resources (18m/s). Solar: Small independent producers are operating in Cabo Verde, and small-scale solar power systems have been installed in some rural communities.

What percentage of Cabo Verde's energy comes from imported petroleum products?

Includes a market overview and trade data. Imported petroleum products constitute about 80 percent of Cabo Verde’s total energy supply, while less than 20 percent comes from renewable sources, primarily wind and solar.

What is the energy sector in Cape Verde?

Cape Verde energy sector is strongly characterized by consumption of fossil fuels (derived oil-primary imported oil), biomass (wood) and use of renewable energy particularly wind and solar power.

Should Cabo Verde import products from the United States?

There is interest among local firms in establishing partnerships with U.S. businesses to import items from the United States, including corn, technological components, and solar panels to be assembled in Cabo Verde. The limited quantity of imports Cabo Verde needs of most items has been too small for many U.S. exporters.

Is Cabo Verde a good place to start a business?

However, small- or medium-sized U.S. companies may find business opportunities in Cabo Verde that also serve as a launching pad into the regional market. Cabo Verde’s physical (airports, ports, roads, hotels) and IT infrastructure are generally of high quality. There are local entities responsible for supporting foreign investments and businesses.

How much electricity does Cabo Verde use?

Ponta do Sol, Cabo Verde. Image by cinoby/Getty Images Progress has been made already, however, with about one quarter of Cabo Verde’s per capita electricity consumption (727kWh per person per year, almost 160% more than the average figure for sub-Saharan Africa) now being provided by renewable resources.