Abu Dhabi Future Energy Company PJSC- Masdar, a global leader in clean energy, has signed a Power Purchase Agreement (PPA) for the 150-megawatt Quipungo Solar PV project in Angola, marking its first such agreement in the country.
The Quipungo project is the first contracted development under Project Royal Sable, a planned 500MW renewable energy program spanning three sites, aimed at strengthening Angola’s southern power grid and advancing the country’s sustainable development goals.
The agreement was signed with state-owned offtaker Rede Nacional de Transporte de Electricidade (RNT-EP), by Masdar COO Abdulaziz Alobadli and RNT-EP Executive Director for Market Operations and Regulatory Affairs, Mauro Hernany Ferrerira Martins.
The signing took place on the sidelines of the IRENA General Assembly during Abu Dhabi Sustainability Week and was witnessed by Dr. Amna bint Abdullah Al Dahak: Minister of Climate Change and Environment, João Baptista Borges: Angola’s Minister of Energy and Water, Júlio Belarmino Gomes Maiato: Angola’s Ambassador to the UAE, Francesco La Camera: Director-General of the International Renewable Energy Agency (IRENA), and Mohamed Jameel Al Ramahi: Masdar’s Chief Executive Officer.
The PPA secures long-term electricity offtake from the 150MW Quipungo Solar PV project in Huila Province, southern Angola, serving as the first commercial anchor under Project Royal Sable and supporting the phased rollout of the wider 500MW portfolio.
Once completed, the programme is expected to create more than 2,000 jobs, deliver clean power to around 300,000 homes, strengthen generation capacity in Angola’s southern grid, and reaffirm Masdar’s commitment to developing large-scale, bankable renewable energy projects in emerging markets that support national energy strategies and expand access to reliable, affordable clean power.
Francesco La Camera Director-General – IRENA
“The Quipungo PPA, signed at the 16th IRENA Assembly, is a testimony of the work and commitment that the UAE and Masdar, supported through IRENA’s Energy Transition Accelerator Financing (ETAF) platform, are doing to turn national energy plans into concrete projects. The Quipungo Solar PV project will contribute to strengthening Angola’s power system and expanding access to clean, reliable electricity, improving thousands of lives and inspiring greater investor confidence in Africa’s energy transition.”
Mohamed Jameel Al Ramahi stated that, “Africa is the world’s fastest-growing continent and that growth will depend on affordable, secure energy. As a pioneer of renewables in Africa, Masdar is committed to developing clean energy across the region. Signing our first Power Purchase Agreement in Angola represents an important milestone on this journey. The Quipungo PPA demonstrates how long-term partnerships and structured offtake arrangements can accelerate the deployment of utility scale renewables that support national clean energy ambitions, economic development, and job creation providing reliable, affordable clean power to local communities.”
Masdar is now the largest renewable energy operator in Africa through its joint venture, Infinity Power, which operates 1.3GW of solar and onshore wind projects in South Africa, Egypt and Senegal, with a 13.8GW pipeline that includes battery storage and green hydrogen. Project Royal Sable will further support Masdar’s goal of reaching 100GW of global capacity by 2030.