Significant transactions

What significant transactions/deals have taken place in the last 12-18 months?

Laúca Hydroelectric Power Plant

According to the Government, Laúca Hydroelectric Power Plant (“AH Laúca”) is the largest work in the country today. The Project was commissioned by the Angolan Executive, represented by the Ministry of Energy and Water, and is carried out by ODEBRECHT. COBA and LA MAYER carry out the supervision of the implementation of the project. When AH Laúca is 100% operational, it will produce more than twice as much energy as the other two dams already operating on the Kwanza River. This energy potential will serve 8 million people. AH Laúca will produce 8,643 GWh (gigawatts) of electricity, representing an installed capacity of 2,070 MW (megawatts).

The realization of the project demands great infrastructure support. Because of this, AH Laúca is today a city that is composed by: Leisure area; Sports area; Accommodations; Kitchen and Cafeterias and Medical Center.

AH Laúca is a pole of job and income generation. The project is also committed to providing opportunities for national talent. Today, the enterprise has 8,458 Members. Of these, 8,035 are national, which represents 95% of the entire productive force involved in the execution of the work. The remaining 423 are expatriates, a number that represents 5% of total members.

Through the Acreditar Program, the project offers basic and specific training to AH Laúca Members and also to the residents of the communities surrounding the construction site.

AH Laúca is 86% ahead of Civil Works, 72% ahead of Electromechanical Assembly and 14% in the Energy Transport System. Always overcoming challenges and fulfilling all the goals set with safety, quality and productivity.

2nd Hydroelectric Power Plant of Cambambe and Dam Alignment

With the conclusion of the Cambambe 2nd Power Station and the Dam Raising, it was possible to obtain an additional power of 780MW. This power is helping to reduce the energy supply deficit in the Provinces of Luanda, Kwanza Sul, Malanje, Uige, Kwanza Norte and Bengo.

It will also allow the interconnection of the North-Central Systems with the Benguela Province link, thus reducing production costs and the consumption of diesel for energy production.

More than 10,000 construction posts have been created as part of the temporary work in the rehabilitation, modernization and extension of the hydroelectric complex. The construction owner was GAMEK (Gabinete de Aproveitamento do Médio Kwanza) and the contractor was ODEBRECTH.

Solar village program

The main objective of the Solar Village Programme is electrification, through the installation of autonomous solar photovoltaic systems (isolated) in infrastructures Social, including: Schools; Medical Posts; Police Posts; Administrative Buildings; and, Social Jangos, including Public Lighting Posts.

In the 1st phase of the Programme, awarded to the company Elektra Electricidade e Águas, Lda, 11 localities were selected from 4 Provinces in the country: Bié, Kuando Kubango, Malange and Moxico. This phase has been completed since 2011, with a total of 156,660 Wp of 42 systems and 70 public lighting posts implemented.

In some cases, a system provides electricity to more than one infrastructure. So far, 50 infrastructures have benefited from the electricity supply, namely: 15 schools, 18 medical posts, 1 maternity ward, 1 police station, 1 police station, 9 administrative residences, 1 nurse's residence, 3 administrations.

In the 2nd phase of the Solar Village Programme, four companies were selected for the installation of a total of 75 systems and 160 streetlights.

As part of the 3rd phase of the Solar Village Programme, the project has already started after the Auto de Consignation signed with the Company LTP Energias S.A. The project will benefit the provinces of Kwanza Sul, Cuando Cubango and Lunda Sul, whose aim is to supply electricity to the communities with Solar Photovoltaic Systems of Auto-consumption Kits and Public Photovoltaic Lighting.

It is part of the energy and water sector action plan 2018-2002, to continue the Solar Village Programme and to ensure adequate maintenance of its infrastructure and test a new concept of a 100% solar mini network, based on batteries, to electrify the most isolated municipality headquarters, avoiding fuel logistics.

Last modified 9 Feb 2021

Large Australian companies including BHP, Telstra, Coles, the Commonwealth Bank and Transurban, along with the CSIRO, local councils and a number of universities have all secured renewable energy PPAs in the last few years.

In 2020, ALDI entered into two ten-year Corporate PPAs with wind farm operators which, along with the company’s solar program, was anticipated to cater to 100% of ALDI’s energy needs by 2021.

In the burgeoning Queensland market, state-owned clean energy generator CleanCo signed multiple PPAs during the second half of 2020 with a focus on wind power.

Last modified 16 Dec 2020

SEA announced a 3 MW tender for rooftop installations on January 2019. On March 2020, with a total of seven bidders having submitted the proposals, a Bahraini based energy firm called Tarsheed Energy Consultation and Services has submitted the lowest option price (BHD 0.020 per kWh). [1]

The project relates to 66 government buildings in eight locations in Bahrain for the installation of rooftop PV on 120 buildings in the government estate.

 The plan is expected to bring online 255 MW of PV capacity by 2025 (providing an estimate of 5% of the country’s demand) and 700 MW of renewable energy capacity by 2030.

The plan is being implemented through the following policies:

  •  net metering;
  • a tender-based FIT scheme; and
  • a renewable energy mandate for new buildings. [2]
[1] ‘Bahrain Receives the Bids for 3MW rooftop Solar PV Plant’ (Saudi Gulf Project, 30 March 2020) accessed 25 August 2020
[2] PV Magazine, ‘Bahrain launches 3 MW rooftop tender’ accessed 11 March 2020

Last modified 16 Dec 2020

2020: Ineos and Engie entered into a 10-year PPA for 84 MW from the off-shore wind farm Norther.

2020: Borealis and Eneco entered into a long term PPA. Under this PPA, over 1 000 gigawatt hours of electricity will be supplied to Borealis over the next decade.

2019: Google and Engie entered into a PPA for 92 MW from the off-shore wind farm Norther.

2020: AB Inbev entered into a 10-year Virtual Power Purchase Agreement BayWa r.e., so as to purchase 100% renewable electricity for its European brewing operations (a.o. 5 breweries in Belgium).

Last modified 25 Feb 2021

None.

Last modified 9 Feb 2021

  • BRF and Voltalia Eólica entered a 64 MW Wind PPA in November 2018;
  • Vale and Casa dos Ventos entered a 151.2 MW Wind PPA in January 2019;
  • L’oreal Brazil and Engie Brazil entered a 212.6 MW Wind PPA in June 2019;
  • Ambev and Casaforte Investimentos entered a Wind PPA in November 2019 of over 80 MW
  • Vulcabras Azaleia and Casa dos Ventos entered a Wind PPA in April 2020. The total size of the wind park from which the power will be supplied is 540MW;
  • Braskem S.A and Canadian Solar entered a 152 MW Solar PPA in June 2020;
  • COPEL and Canadian Solar entered a 122 MW Solar PPA in June 2020.

Last modified 16 Dec 2020

  • The Chilean electric company Colbún and Davis companies in 2019 signed an agreement to supply 100% NCRE to the Central Station plants. The contract has a duration of five years and will cover a demand close to 0.9 GWh/year.
  • In 2019 Copec and Cerro Dominador, a renewable energy generator located in the Atacama Desert, signed a "PPA" (Power Purchase Agreement) that will allow Copec to cover 50% of its energy consumption, which includes the 72 largest Service Stations in the network, almost the entire Copec Voltex electric load network and eight of its 16 plants in different regions of Chile.
  • In July 2019 Enel Generación Chile signed a PPA with the mining company AngloAmerican for the supply of up to 3 terawatts (TW) of NCRE over a period of 10 years. The agreement will take effect in 2021 and the 'green' energy supplied by Enel to AngloAmerican will help reduce its total CO2 emissions in Chile by more than 70%.
  • In July 2020, mining company Doña Inés de Collahuasi SCM and the solar power generator Sonnedix signed a contract for the annual supply of 150 GWh of NCRE, equivalent to 12% of the energy consumption of the mining company.
  • In April 2020, mining company Antofagasta and Engie Energía Chile signed a PPA to bring 100% NCRE to Centinela copper mine in Chile. The PPA with is effective from 2022 until 2033.

Last modified 16 Dec 2020

  • EPM S.A. E.S.P announced in March 20 that it won the auction bidding for the “CaribeMar” portion of assets formerly belonging to the utility company “Electricaribe”. This transaction has not closed yet but it is excepting to be closed before the end of this year. This deal has been the largest energy sector transaction of the year, the most important in the history of EPM.  
  • Enerpereira S.A. E.S.P. won the auction for “CaribeSol” equivalent to the other portion of the assets belonging to Electricaribe.  DLA advised Enerpereira in this auction and it is suitable for publication.
  • Brookfield sold to Northland Power the utility company Empresa de Energía de Boyacá (known as EBSA) at USD$1,05 billions. 
  • EDP Renewables (EDPR) a global leader in the renewable energy sector and one of the world’s largest wind energy producers, has secured two 15-year Power Purchase Agreements (PPA) at the recent renewable auction organised by the Colombian Government (2019).
  • Trina Solar sold to TPG three solar projects of 100MW each. These projects are in stage of construction and were awarded long term PPAs at the recent renewable energy auction. These projects were part of a larger transaction involving assets in Europe and Latin America.

Last modified 16 Dec 2020

The Jarošov brewery was one of the first Czech companies which started to build a photovoltaic power plant through the PPA.

Last modified 26 Jul 2021

The Ethiopian Electric Power (EEP) signed the first PPA in December 2019 with ACWA Power for the construction and generation of two (125MW each) solar power generation sites at Gad and Dicheto in the Somali and Afar Regional State in Ethiopia. More recently, the Tulu Moye Geothermal Operations PLC signed a PPA and IA with Ethiopian Electric Power for the generation and sale of 150MW of electricity in March 2020.  

MLA assisted ACWA Power in setting up two project companies (SPVs) and obtaining investment permits, including but not limited to reviewing the Project Agreements, namely, the Power Purchase Agreement and the Implementation Agreement, reviewed the land lease agreements for both projects, drafted and reviewed various financial documents (including assignment agreements and account charge/pledge agreements and land mortgage agreement) as well as assisting the client in reporting to Lender’s local counsel.

MLA is also assisting/advising six financial institutions/Lenders including African Development Bank, PROPARCO, DFC, European Investment Bank and FMO on the project financing of theTulu Moye Geothermal project in Ethiopia as a local legal counsel.

Please note that details of the information concerning the projects are public information, but MLA’s involvement in the matter is confidential.

Last modified 18 Feb 2021

Prokon Wind Energy Finland Oy announced in September 2019 that Prokon and Neoen-owned project company have entered into a 130 MW PPA with Google. With the agreement, Google will purchase 130 megawatts of the planned 250 megawatts of the Mutkalammi wind farm to be built in the Kannus, Kalajoki and Kokkola areas. Construction work on the wind farm will start in early 2021 and the planned commissioning will take place at the end of next year. Electricity supplies will begin in 2022. Mutkalampi is the second cooperation project between Prokon and Neoen after a first PPA entered into with Google on the 81-megawatt wind farm in Närpiö's Hedet.

In May, 2019, it was announced that a Swedish mining and smelting company Boliden AB has agreed to purchase 415 GWh of wind power to supply some of its operations in Sweden and Finland. The company has signed a long-term power purchase agreement (PPA) with an unnamed wind power developer. Under its terms, Boliden will be supplied with 240 GWh of electricity in Sweden and 175 GWh in Finland, which will be sourced from wind farms situated near its mining and smelting sites in Boliden, Sweden, and Kokkola, Finland.

In June 2020, Wpd AG announced its 15-year PPA whereby a Finnish retail company K Group will buy over 40 GWh of power a year from Wpd.

Last modified 16 Dec 2020

There have been a number of recent PPA transactions relating to existing installations which have fallen outside the support scheme. In most cases, however, these PPAs have been concluded between the installation operators and utility companies, rather than directly between installation operators and corporations. Mercedes-Benz recently claimed to be the first corporate customer entering into a PPA relating to wind installations which fell outside of the support scheme. Also German technology group Bosch announced the conclusion of long-term (12 to 16 years) PPAs with RWE, Statkraft and Vattenfall each relating to solar installations.

There have also been transactions in relation to installations currently under development. For example, Energiekontor and Innogy had agreed on a PPA regarding a solar energy power plant under development. 

Last modified 16 Dec 2020

Please find below a public list of the corporate PPAs signed in the last 12-18 months, the majority of which is for subsidy-free assets:

  • 200 GWh corporate PPA for a 7-year term signed in May 2019 by FERA, in quality of producer, Duferco, in quality of Offtaker, and DXT commodity trader.
  • 95 GWh corporate PPA for a 5-year term signed in September 2019 by KGAL Investment Management, in quality of producer, ORI Martin, in quality of Offtaker, and DXT, commodity trader.
  • 1,5 TWh corporate PPA for a 2-year term signed in October 2019 by ERG Power Generation S.p.A., in quality of producer, and ACEA Energia, in quality of Offtaker.

Last modified 16 Dec 2020

More than 140 Petrol stations of a leading provider have been adapted to incorporate rooftop solar arrays as a means of generative solar energy.

Moi International Airport is also set to install a 500 KW solar power system. This trend is also being followed by Ecobank, Africa Logistics Properties and the International Centre of Insect Physiology and Ecology, who have recently commissioned solar units on their properties.

Many other corporates are also investing in rooftop technology.

Last modified 18 Feb 2021

There have been many, but there is no public record or reliable source of information.

Last modified 16 Dec 2020

Aftissat II wind farm project developed by Nareva Holding, through its subsidiary Energy Eolienne du Maroc, pursuant to Law  No. 13-09. The wind farm will have a capacity of  200MW and will enter into service in 2022.

Last modified 10 Feb 2021

During the last 12-18 months, the following transactions took place in Mozambique:

  • financial close for 41 MW Metoro Solar Power Plant project (the largest solar power project to be implemented in Mozambique), implemented by Neoen and EDM;
  • 40MW solar power plant project in Mocuba, the first one commissioned in 2019 to supply electricity to the national grid;
  • approval, by the United States International Development Finance Corporation (“DFC”), of a loan of up to two hundred million United States Dollars (US$200M) aimed at financing the development, construction and operation of a 420 MW gas-fired thermal power plant in Inhambane province, Southern Mozambique;
  • provision, by the DFC, of political risk insurance for up to one point five billion United States Dollars (US$1.5B) to support the development, construction and operation of an onshore gas liquefaction plant and supporting facilities in are 4 of Mozambique’s Rovuma Basin.
  • conclusion of a PPA, for the supply of 40 MWp of photovoltaic power, between EDM and Niassa Energia Solar, Limitada, a subsidiary of Alten Africa. 

Last modified 1 Feb 2021

  • 2020: Vattenfall and Royal Haskoning DHV entered into a 10-year PPA for 7 MW. The energy will be split in 4 GWh reserved for the benefit of Royal Haskoning DHV, and the remaining 21 GWh will be available for other companies that join the ‘Dutch Corporate PPA Collective’. This is a new initiative to open the Corporate PPA market to medium-sized consumers.
  • 2019: Microsoft and Eneco agreed on a 15-year PPA for 90 MW from the off-shore wind farms Borssele III & IV.
  • 2019: Eneco entererd into a PPA for 15 years, in relation to the 382,7 MW wind farm Windpark Fryslân.
  • 2019: Vattenfall entered into a PPA for 300 MW from Wind Farm Zeewolde.
  • 2017: Vattenfall and Microsoft entered into an on-site PPA for a 10-year period, connecting a 180 MW on shore wind farm with a new datacentre.
  • 2016: a consortium of AkzoNobel, DSM, Google and Philips entered into a PPA for 102 MW from wind farm Krammer.

Last modified 16 Dec 2020

No text yet.

Last modified 16 Dec 2020

In August 2020, ISA Peru bought Orazul Energy Group for US $ 152 million.

In April 2020, Sempra Energy sold Luz del Sur SAA to China Yangtze Power (China Three Gorges Corporation´s subsidiary) for US $ 3,5 billion.

In April 2019, Odebrecht Latinvest sold the Chaglla hydroelectric plant to China Three Gorges consortium for approximately US $ 1.4 billion.

Last modified 16 Dec 2020

AB InBev entered into multi-tiered CPPAs with SOLA Energy Group for the provision of 8.7MW of renewable energy to its breweries. The deal was worth R400m.[1]

[1] AB InBev bolster breweries with 8.7 MW renewable energy from SOLA

Last modified 16 Dec 2020

  • Audax and Cox Energy (600MW)
  • Audax and and WElink  (708MW)
  • Audax and Trina Solar (500 MW)
  • Audax and Statkraft (525 Gw yearly, during 15’5 years)
  • Iberdola and Euskaltel (500 MW)
  • Iberdrola and Kutxabank (391 MW)
  • Iberdrola and Makro
  • Iberdrola and Heineken (50 MW)
  • Acciona and Telefónica (100 GWh)
  • Factor Energía and ENHOL (94 MW), being the longest lasting PPA in Spain (20 years)

Last modified 16 Dec 2020

We have worked on over 5GW of onshore wind transactions in the Nordics in the last 5 years.

Most recently, we acted for Prime Capital AG and Enlight Renewables on their acquisition from RES of the 372MW ready-to-build Björnberget project in the north of Sweden.

Furthermore, we recently advised Credit Suisse Energy Infrastructure Partners (CSEIP) in their significant investment with Fortum, whereby CSEIP will acquire an 80% stake in Fortum’s entire Nordic wind portfolio with a mix of operational and greenfield assets with a total installed capacity of approximately 500MW. 

Before this we worked on the 254MW Stavro project in northern Sweden, negotiating offtake arrangements with each of Google and Holmen.

Last modified 16 Dec 2020

Advised CrossBoundary Energy (CBE) on a proposed establishment of an own use solar generation facility for a beverages manufacturer in Uganda.

Last modified 9 Feb 2021

A range of corporate PPAs have been signed in net metering markets.  This is particularly the case for manufacturing, food processing and logistics facilities. 

Recently we have seen an increase in the number energy service contracts signed which have included rooftop as a means of meeting KPIs.

Last modified 21 Jan 2021

GB's first offshore wind corporate PPA was signed by Danish wind giant Ørsted with Northumbrian Water for 30% of the electricity generated from the 573 megawatt (MW) Race Bank Offshore Wind Farm. It was announced at the end of February 2019 that a 10-year long-term PPA had been signed between the two parties. This is the first of its kind corporate PPA ever signed in GB and is an expansion of an existing renewable electricity supply agreement between the two companies which began in April of 2018. From 1 March 2019, Northumbrian Water started sourcing 30% of its electricity needs from the offshore project. Ørsted said it would also provide balancing services in respect of the wind output so that the electricity can be delivered to Northumbrian Water under their existing supply agreement signed in 2018.

Danske Commodities (DC) has signed an offtake deal with its parent Equinor ASA (EQNR) for the output of the latter's 30 MW Hywind Scotland floating wind farm. The Danish energy trader said that the 20-year PPA will make it the sole offtaker, taking over the balancing and trading of the wind farms' output. Additionally, DC has signed a PPA for the output of a 126 MW portion of the Sheringham Shoal offshore wind farm in UK waters. This 15-year PPA is effective as of 12 July 2019. Furthermore, DC has signed a 15-year PPA with the Dungeon offshore wind farm in GB. Effective 16 July 2019, DC will take over balancing and trading of 281 MW, equivalent to 70% of the wind farm's production. This is the company's fourth long-term PPA in GB market and the third offshore wind PPA in less than a month, following the 20-year PPA with Hywind Scotland wind farm and a 15-year PPA with GB offshore wind farm Sheringham Shoal.

Last modified 16 Dec 2020

No information at present.

Last modified 24 Mar 2021

Angola

Angola

To what extent are corporate PPAs presently deployed and what sort of structure do they take?

Corporate PPAs remain uncommon in Angola. 

Article 48 of the Electricity General Law provides that outside the scope of the public electric system, the conditions of sale of electric energy will be established by the parties.

Article 15 of the Executive Decree No. 122/19 of May 24 (electric energy sales tariffs) provides special arrangements for the sale of electricity by means of special or bilateral contracts between producers and distributors and those with final customers, under the terms set out in the Tariff Regulations (Presidential Decree No. 4/11 of January 6) shall be authorized by an order of the Minister of Energy and Waters, after hearing the regulatory authority.

All the contracts with National Transportation Network ("RNT" as a sole buyer must comply with certain requirements specified in Article 11 of the Presidential Decree No. 4/11 of January 6 as amended by Article 11 of the Presidential Decree 178/20 of June 25, in order to their prices are allocated to tariffs.

Do the country's regulators allow corporate owners to purchase (1) directly from a facility, or (2) from a choice of suppliers?

In accordance with Article 11 of the General Electricity Law, the use of the facilities and networks that incorporate the Public Electricity System is allowed under the conditions provided for in the aforementioned regulation or agreed between the interested parties and their holders, as long as the supervisory body approves it after prior validation by the regulatory authority.

Hence, corporate owners are allowed to purchase directly from a facility or a choice of suppliers, as long as it has been approved by the supervisory body and has effectively gone through a prior validation from the regulatory authority.

Other than the generator and the off-taker, are any third parties commonly party to the PPA structure (e.g. a utility or other market agent)?

In addition to the electrical energy provided by the Company ENDE E.P (National Electricity Distribution Company) that comes from hydraulic dams and private generators, so far, there are no other third parties as a common party to the cPPA structure.

Is a generator permitted to sell electricity directly to an end user? If so, do they require a licence or other form of authorization?

As previously stated, Article 48 of the Electricity General Law provides that outside the scope of the public electric system, the conditions of sale of electric energy will be established by the parties.

Last modified 9 Feb 2021

Angola

Angola

What are some of the technical, political, financial or regulatory challenges to corporations adopting green energy in the short/medium term in your country and how have these challenges been overcome (or how can they be overcome)?

More incentives and benefits need to be created for companies that want to implement green energy systems. Facilitating the process of importing and accessing currencies to pay for equipment to implement the projects related to renewable energy is necessary. Governments should create incentives for companies that are implemented across the country, thereby creating employment and facilitating greater acceptance of new technologies in rural areas.

Last modified 9 Feb 2021

Angola

Angola

Are there any anticipated regulatory changes which will alter the regulatory landscape for corporate green energy and corporate PPAs?

International development partners are providing technical support to the Angolan government to establish a regulatory framework which includes negotiating power purchase agreements with independent power producers (IPPs) and design of a feed-in-tariff scheme for renewables.

Last modified 9 Feb 2021

Angola

Angola

What is the corporate appetite for green energy, including any political or financial incentives available to corporates to adopt green energy?

Even though national and international companies have been showing interest to develop green energy structures in Angola, this is still something that has to be well studied and thought through it. However, there are already small dimensions of solar energy structures being developed, for example, but only for particular purposes.

What are the key local advantages of the corporate PPA model which can benefit our clients?

The key local advantage of the corporate PPA model in Angola is energy security and easier access to financing having the corporate PPA as collateral.

What subsidies are applicable to the generation and sale of renewable energy?

This information has not been made public.

Does your country implement a national support scheme with tradable green certificates (such as guarantees of origins)?

Not yet, as green energy has not yet been implemented.

Last modified 9 Feb 2021

Angola

Angola

To the extent corporate PPAs are deployed, how are prices, terms and risks affected?

Do prices tend to be floating or fixed?

According to Article 26 of the Presidential Decree 178/20 of June 25, the tariff structure is applied by the RNT concessionaire and by the distribution companies to users connected to their networks. Along these lines, this same diploma, on its article 27, establishes that the tariff structure reflects the costs to which users give rise, according to the characteristics of consumption and the level of tension to which they are connected, regardless of their social or legal character and the final destination give to the energy consumed. 

Hence, the prices are fixed considering the elements above mentioned.

What term is typically agreed for the PPAs?

There is not a fixed-term for cPPAs it all depends on the activity to be exercised. However, it is important to mention that the tariff regime is, in general terms, in force in a four-year tariff regime. Alongside with that, the tariff period is defined by a specific diploma by the Sector Regulatory Entity, which must be multiannual, as established on Article 28-A of the Presidential Decree 178/20 of June 25.

Are the PPAs take-or-pay or limited volume?

Not applicable.

Are there any other typical risks?

Not applicable.

To the extent corporate PPAs are deployed, in whose favour will the risks typically be balanced?

Volume risk

The risk is born by those who not comply with rule applicable to the specific situation.

Change in law

Usually, when changing legislation, users and distributors are given a period to prepare and adapt to this mentioned change of legislation. Hence, when there is a change in law non complied with, the risk is born by those who have not complied with the rule in place.

Increase / reduction of benefits

Again, similar to the change in law, the risk is born by those who not comply with rule applicable to the specific situation.

Market liberalization (if applicable)

Not applicable.

Credit risk

The risk is born by those who not comply with rule applicable to the specific situation.

Imbalance power risk

The risk is born by those who not comply with rule applicable to the specific situation.

Production profile risk

The risk is born by those who not comply with rule applicable to the specific situation.

Last modified 9 Feb 2021

Angola

Angola

Does your country operate a balancing responsibility scheme?

Not applicable.

If your country operates a balancing responsibility scheme, who is the balancing authority and do the generator and offtaker typically undertake balancing themselves?

Not applicable. 

Last modified 9 Feb 2021

Angola

Angola

What significant transactions/deals have taken place in the last 12-18 months?

Laúca Hydroelectric Power Plant

According to the Government, Laúca Hydroelectric Power Plant (“AH Laúca”) is the largest work in the country today. The Project was commissioned by the Angolan Executive, represented by the Ministry of Energy and Water, and is carried out by ODEBRECHT. COBA and LA MAYER carry out the supervision of the implementation of the project. When AH Laúca is 100% operational, it will produce more than twice as much energy as the other two dams already operating on the Kwanza River. This energy potential will serve 8 million people. AH Laúca will produce 8,643 GWh (gigawatts) of electricity, representing an installed capacity of 2,070 MW (megawatts).

The realization of the project demands great infrastructure support. Because of this, AH Laúca is today a city that is composed by: Leisure area; Sports area; Accommodations; Kitchen and Cafeterias and Medical Center.

AH Laúca is a pole of job and income generation. The project is also committed to providing opportunities for national talent. Today, the enterprise has 8,458 Members. Of these, 8,035 are national, which represents 95% of the entire productive force involved in the execution of the work. The remaining 423 are expatriates, a number that represents 5% of total members.

Through the Acreditar Program, the project offers basic and specific training to AH Laúca Members and also to the residents of the communities surrounding the construction site.

AH Laúca is 86% ahead of Civil Works, 72% ahead of Electromechanical Assembly and 14% in the Energy Transport System. Always overcoming challenges and fulfilling all the goals set with safety, quality and productivity.

2nd Hydroelectric Power Plant of Cambambe and Dam Alignment

With the conclusion of the Cambambe 2nd Power Station and the Dam Raising, it was possible to obtain an additional power of 780MW. This power is helping to reduce the energy supply deficit in the Provinces of Luanda, Kwanza Sul, Malanje, Uige, Kwanza Norte and Bengo.

It will also allow the interconnection of the North-Central Systems with the Benguela Province link, thus reducing production costs and the consumption of diesel for energy production.

More than 10,000 construction posts have been created as part of the temporary work in the rehabilitation, modernization and extension of the hydroelectric complex. The construction owner was GAMEK (Gabinete de Aproveitamento do Médio Kwanza) and the contractor was ODEBRECTH.

Solar village program

The main objective of the Solar Village Programme is electrification, through the installation of autonomous solar photovoltaic systems (isolated) in infrastructures Social, including: Schools; Medical Posts; Police Posts; Administrative Buildings; and, Social Jangos, including Public Lighting Posts.

In the 1st phase of the Programme, awarded to the company Elektra Electricidade e Águas, Lda, 11 localities were selected from 4 Provinces in the country: Bié, Kuando Kubango, Malange and Moxico. This phase has been completed since 2011, with a total of 156,660 Wp of 42 systems and 70 public lighting posts implemented.

In some cases, a system provides electricity to more than one infrastructure. So far, 50 infrastructures have benefited from the electricity supply, namely: 15 schools, 18 medical posts, 1 maternity ward, 1 police station, 1 police station, 9 administrative residences, 1 nurse's residence, 3 administrations.

In the 2nd phase of the Solar Village Programme, four companies were selected for the installation of a total of 75 systems and 160 streetlights.

As part of the 3rd phase of the Solar Village Programme, the project has already started after the Auto de Consignation signed with the Company LTP Energias S.A. The project will benefit the provinces of Kwanza Sul, Cuando Cubango and Lunda Sul, whose aim is to supply electricity to the communities with Solar Photovoltaic Systems of Auto-consumption Kits and Public Photovoltaic Lighting.

It is part of the energy and water sector action plan 2018-2002, to continue the Solar Village Programme and to ensure adequate maintenance of its infrastructure and test a new concept of a 100% solar mini network, based on batteries, to electrify the most isolated municipality headquarters, avoiding fuel logistics.

What transactions/deals are anticipated to come to market in the next 12-18 months?

See Past transactions

Last modified 9 Feb 2021