MCA Constructs Two Solar Parks in Angola

Portuguese business group, MCA, has constructed two solar photovoltaic (PV) parks with an installed capacity of 285 MW in the Angolan towns of Biópio and Baía Farta, in the Benguela Province, supplying green energy to approximately 1.8 million people. Completed on July 20, MCA led the project’s execution in Engineering, Procurement and Construction as part of an international consortium. The solar energy parks are part of the government’s 2018-2022 National Development Plan, which aims to diversify

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Soyo refinery to hire local companies to supply goods and services to the projects

Quanten Consortium Angola – which will build and operate the Soyo Refinery – and FACRA (Fund Activo de Capital de Risco Angolano) have teamed up to implement an “innovative financing strategy” that will support national companies. On the one hand, contracts will be awarded to local companies for the supply of goods and services for the refinery project and, on the other hand, financing will be promoted for these same companies. At an extraordinary meeting

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