Should Angola invest in energy storage solutions?

With the ongoing solar projects under development in Angola with an installed capacity amounting to 500 MW, it is urgent to start thinking about efficient energy storage solutions. What structural challenges must be addressed for Angola to seize its renewable energy potential?

Where is totalenergies launching a deepwater project in Angola?

The $6-billion deepwater project, located in Angola’s Block 20, targets the Cameia and Golfinho fields, located about 100 km offshore and in water depths of 1700 m. TotalEnergies will use a converted very large crude carrier as a floating production storage and offloading (FPSO) unit, with a peak capacity of 70,000 B/D.

Can Angola deploy pumped-storage hydroelectricity & hydrogen solutions?

Fernando Prioste, CEO of COBA Group, talks to The Energy Year about Angola’s potential for deploying pumped-storage hydroelectricity and hydrogen solutions as it develops a robust energy industry and the central role of COBA Group in the country’s power arena.

Is Angola redefining its energy sector?

Currently, 92 percent of our workforce is Angolan," explains Bond. Like elsewhere in the world, the energy sector in Angola is also evolving to include more renewables and to reduce its carbon footprint. Angola's largest oil company Somoil, now 20 years old, is redefining itself. "There's clearly a shift to renewables. One is solar, solar exposure.

Who are the biggest energy companies in Angola?

International giants like TotalEnergies and ExxonMobil have been in Angola for decades, welcoming Angola's stable government with streamlined regulatory and tax policies. Along with the national producer Somoil, they are also developing renewable energies and cutting the carbon footprint of their petroleum production.

Will the UK secure a €415 million project in Benguela?

The UK has issued loan guarantees which allow British exporter Innovo Group to secure a €415 million contract to deliver critical infrastructure projects in Benguela Province, a region in the west of Angola adjacent to the Atlantic Ocean.