Saturday, March 7, 2026

U.S. Commits $2 billion for Solar Energy Development

The United States (U.S.) Government, with support by the U.S. Department of Commerce and the Export-Import Bank of the United States, has facilitated a partnership between the Government of Angola and U.S.-based project development firms, AfricaGlobal Schaffer and Sun Africa, for the mobilization of $2 billion to develop a solar project in the southwestern African nation. The project will include the development of solar mini-grids, home power kits and solar-to-power telecommunications.
Announced by U.S. President Joe Biden on June 26, 2022, at a G7 Summit in Germany, the Partnership for Global Infrastructure and Investment will help Angola meet its climate and energy goals while creating new opportunities for Angolan workers and opening new markets for American technologies.

Read more…

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles