The deal was signed by Angola's Minister of Energy and Water, Joao Baptista Borges, and Masdar's CEO, Mohamed Jameel Al Ramahi.

Masdar, a renewable energy business from Abu Dhabi, intends to build a 150 megawatt (MW) solar photovoltaic project in Angola, which will provide renewable energy to 90,000 homes, while also creating hundreds of jobs stimulating economic growth, and lowering carbon emissions.

During the recent UN climate change conference, COP28, held in Dubai, Masdar signed an agreement with Angola's Ministry of Energy and Water to build and operate a ground-mounted solar power facility in the Quipungo district of Hulia province.

According to the two parties, the area, in southern Angola, has high levels of solar irradiation, but lacks access to reliable electricity.

The deal was signed by Angola's Minister of Energy and Water, Joao Baptista Borges, and Masdar's CEO, Mohamed Jameel Al Ramahi.

The project is intended to generate up to 600 jobs and provide renewable energy to 90,000 families in a region where electricity availability is a major issue.

The Quipungo solar project is part of Masdar's larger pledge, stated in January during Abu Dhabi Sustainability Week 2023, to create five gigatonnes (GW) of renewable energy projects in Angola, Uganda, and Zambia.

The agreements were made under the auspices of Etihad 7, a global development fund established by the UAE to supply clean electricity to 100 million Africans by 2035.

"Africa has what it takes to become the world's renewable energy powerhouse," said Dr Sultan Al Jaber, UAE’s Minister of Industry and Advanced Technology; chair of Masdar; and COP28 President.

“We will continue to work with Africa for Africa at COP28 and beyond. The UAE stands shoulder to shoulder with our African friends in our pursuit of a just energy transition at this COP of action and COP for all."