Angola’s Hydropower Sector Sees Uptick in Activity
New developments in the sector are underway, with Germany’s Voith securing a one-billion-dollar contract last month to supply the Caculo Cabaça hydropower plant.
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New developments in the sector are underway, with Germany’s Voith securing a one-billion-dollar contract last month to supply the Caculo Cabaça hydropower plant.
Accounting for approximately 17% of Africa’s total installed generation capacity, hydropower development has accelerated in 2023, offering the potential to reduce climate impacts while supporting universal energy access.
The funding will come from the Bank’s Sustainable Energy Fund and targets 12 private sector-led projects in eight African countries.
Guinea-Conakry’s hydropower projects, including the Souapiti, Amaria, Koukoutamba, Kaleta, and Fomi dams, aim to boost renewable energy and reduce mining dependence.
Excavation work has started for the construction of the Caculo-Cabaça hydropower project dam wall in Angola.
The Government of Kano State in Nigeria has announced the completion of its 10 MW Hydro Power Station at Tiga Dam.
Vinci SA will be leading construction of the 128 MW hydroelectric power plant, which is set for completion by 2027.
A new agreement signed between the Malawian government, investors and energy companies is set to help expand the country’s electricity generation capacity to improve energy security and access.
The country is home to the Congo River system, which also runs through its larger neighbor, the Democratic Republic of the Congo.
Ivanhoe Mines Energy has extended its financing agreement with SNEL to upgrade Turbine 5 at the Inga II hydropower facility and will deliver renewable energy to the Kamoa-Kakula Copper Mine.