Abu Dhabi’s clean energy company Masdar plans to develop a 150-megawatt solar power plant in Angola, which will help the southern African country to provide electricity to 90,000 homes and reduce emissions.

As part of the concession agreement signed with Angola’s Ministry of Energy and Water, Masdar will build and operate the ground-mounted solar power project in the country’s Quipungo region.

Once completed, the solar unit will displace more than 224,000 tonnes of carbon emissions every year, the equivalent of removing 50,000 cars from the roads.

The solar plant will also boost the local economy by creating 600 jobs during the construction phase and support Angola’s goal of increasing its national electrification rate to about 60 per cent by 2025, Masdar said on Sunday, on the sidelines of the Cop28 climate summit.

Masdar is focusing to develop new renewable projects in Africa and boost energy security in the continent. It is the largest renewable energy company in Africa, through its Infinity Power platform, a joint venture with Egypt’s Infinity.