Abu Dhabi Future Energy Company (Masdar) has entered into a power purchase agreement (PPA) for the 150MW Quipungo Solar photovoltaic (PV) project in Angola, the United Arab Emirates (UAE)-based developer’s first such agreement in the country.
The plant in Huila Province will supply electricity to Angola’s southern power grid through an arrangement with Rede Nacional de Transporte de Electricidade, the state-owned transmission company.
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Executives from both companies formalised the deal during the International Renewable Energy Agency (IRENA) General Assembly at Abu Dhabi Sustainability Week.
The Quipungo Solar PV project is the first contracted facility of Project Royal Sable, a 500MW renewable energy initiative planned across three locations in Angola.
The long-term PPA secures electricity offtake from the site and establishes the commercial foundation for further expansion under Project Royal Sable.
Once fully developed, the wider programme aims to support increased generation capacity, with expectations of supplying power to approximately 300,000 homes and creating more than 2,000 jobs.
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By GlobalDataMasdar currently operates renewable energy projects in several African countries through its joint venture Infinity Power, with operational assets totalling 1.3GW and a development pipeline of 13.8GW.
Project Royal Sable forms part of Masdar’s broader goal to achieve a portfolio capacity of 100GW by the end of this decade.
The agreement aligns with national energy plans in Angola to strengthen its southern grid and expand access to electricity.
IRENA director-general H.E. Francesco LaCamera said: “The Quipungo PPA, signed at the 16th IRENA Assembly, is a testimony of the work and commitment that the UAE and Masdar, supported through IRENA’s Energy Transition Accelerator Financing (ETAF) platform, are doing to turn national energy plans into concrete projects.
“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.”
The signing was observed by officials from the UAE and Angola, as well as representatives from IRENA and Masdar senior management.
Masdar CEO Mohamed Jameel Al Ramahi said: “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.”
