Which companies are active in Angola?

U.S.-based power product and solutions companies active in Angola include GE, Cummins, Caterpillar, and Westinghouse Turbines, among others. In addition, European companies (Germany, Portugal) supply equipment to the energy sector. Portuguese, Brazilian, and Chinese construction companies generally lead in project construction.

How many service stations are there in Angola?

In Angola, we have a network of nearly 50 service stations as part of a joint venture with Sonangol, where we retail our fuel and products, and offer related services. Join Us! Want to work in the energy industry?

What is Angola's energy mix?

Angola’s current installed capacity is estimated at 5.7 GW but only 70 percent is in use. The country’s current energy mix consists of 61.8 percent hydropower, 37.6 percent other fossil fuels and 0.6 percent hybrid (solar/fossil fuel).

Who will build a 50 MW solar power plant in Angola?

The Italian company ENI signed a concession agreement with the government for the construction of a 50 MW solar plant in Namibe province, in southwestern Angola. The solar power plant will be constructed by Solenova, a joint venture between ENI and Angolan state-owned oil producer Sonangol.

How much does Angola spend on electricity?

The portion of the Angolan government budget dedicated to the electricity production, transmission and distribution sectors increased to US$ 817.2 million in 2023 from US$490 million in 2022. Angola’s national budget for electricity assessment allocated is around US$ 249.4 million.

Does Angola need solar energy?

Angola already boasts an impressive renewable energy component in its energy matrix, primarily derived from water resources. However, we recognise the potential for solar energy to complement this matrix and provide essential energy security.