Abu Dhabi Future Energy Company PJSC – Masdar has signed a Power Purchase Agreement (PPA) for the 150-megawatt Quipungo Solar Photovoltaic project in Angola, marking the company's first PPA in the country. The agreement was signed with the state-owned offtaker Rede Nacional de Transporte de Electricidade (RNT-EP) during the IRENA General Assembly, part of Abu Dhabi Sustainability Week.

Project Details and Strategic Significance

The Quipungo project represents the first contracted site under Project Royal Sable, a planned 500 MW renewable energy programme across three sites that will strengthen Angola's southern power grid and support the country's sustainable development objectives. The PPA secures long-term electricity offtake from the 150 MW Quipungo Solar PV site in Huila Province, southern Angola.

The agreement was signed on behalf of Masdar by Abdulaziz Alobadli, Chief Operating Officer, and on behalf of RNT-EP by Mauro Hernany Ferrerira Martins, Executive Director for Market Operations and Regulatory Affairs. The signing ceremony was witnessed by several high-ranking officials, including H.E. Dr. Amna bint Abdullah Al Dahak, UAE Minister of Climate Change and Environment, H.E. João Baptista Borges, Angola's Minister of Energy and Water, H.E. Júlio Belarmino Gomes Maiato, Ambassador of the Republic of Angola to the UAE, H.E. Francesco LaCamera, Director-General of the International Renewable Energy Agency (IRENA), and Mohamed Jameel Al Ramahi, Masdar's Chief Executive Officer.

Economic and Social Impact

By establishing the first commercial anchor project under Project Royal Sable, the agreement provides a foundation for the phased development of the wider 500 MW portfolio. Once completed, the full project is expected to create more than 2,000 jobs, deliver clean electricity to around 300,000 homes, and enhance power generation capacity in Angola's southern grid.

Project Royal Sable reflects Masdar's commitment to developing large-scale, bankable renewable energy infrastructure in emerging markets, supporting national energy strategies while expanding access to reliable, affordable, clean power.

Industry Leadership and Expansion

Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, stated that Africa is the world's fastest-growing continent and that growth will depend on affordable, secure energy. He emphasized that, as a pioneer of renewable energy in Africa, Masdar is committed to developing clean energy across the region.

He noted that signing the first Power Purchase Agreement in Angola represents an important milestone on this journey, demonstrating 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 while providing reliable, affordable clean power to local communities.

Masdar is now the largest operator of renewables on the continent through its joint venture, Infinity Power, which currently operates 1.3 GW of solar and onshore wind power projects in South Africa, Egypt, and Senegal. The company has a 13.8 GW project pipeline, including battery storage and green hydrogen facilities, at various stages of development. The addition of Project Royal Sable will contribute to Masdar's target of 100 GW portfolio capacity by 2030.

International Support and Recognition

H.E. Francesco LaCamera, Director-General of the International Renewable Energy Agency (IRENA), commented that 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.

He noted that the Quipungo Solar PV project will help strengthen Angola's power system, expand access to clean, reliable electricity, improve the lives of thousands, and inspire greater investor confidence in Africa's energy transition.

The project demonstrates the collaboration between international organizations and private-sector entities to advance renewable energy development in emerging markets, with IRENA's ETAF platform providing crucial support for the initiative.

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