U.S. Commits $2 Billion for Solar Deployment in Angola

U.S. Commits $2 Billion for Solar Deployment in Angola

The United States (U.S.) Government, with support by the U.S. Department of Commerce and the Export-Import Bank of the United States, has facilitated a partnership between the Government of Angola and U.S.-based project development firms, AfricaGlobal Schaffer and Sun Africa, for the mobilization of $2 billion to develop a solar project in the southwestern African nation. The project will include the development of solar mini-grids, home power kits and solar-to-power telecommunications.

Announced by U.S. President Joe Biden on June 26, 2022, at a G7 Summit in Germany, the Partnership for Global Infrastructure and Investment will help Angola meet its climate and energy goals while creating new opportunities for Angolan workers and opening new markets for American technologies.

The project is one of several supported by a $200 billion global infrastructure investment mobilized by the U.S. to deliver clean energy, health systems, gender equality and transformational technologies to democratic economies in an effort to tackle the climate crisis and bolster global energy security.

Serving as its second large-scale solar project in the country, Miami-based utility-scale solar project developer, Sun Africa, will deploy 728 MW of solar photovoltaic mini-grids with battery storage and home power kits, which will support the electrification of more than two million people in four southern Angolan provinces.

Collectively, the U.S. and G7 nations will aim to mobilize close to $600 billion to deliver sustainable infrastructure and build economic ties with developing nations.

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