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Sun, 18 Sep 2016 11:46 - Updated Sun, 18 Sep 2016 11:45

Egypt wants to invest in Angolan solar energy market

Luanda - Egyptian companies linked to renewable energies have manifested interest in investing in the solar sector in Angola, since it has potential for that purpose, reads a note from the Angolan Chamber of Commerce and Industry (CCIA).

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Moxico : solar panels that supply power to the Municipal maternity hospital

Photo: Gaspar Dos Santos

According to the CCIA note that has reached ANGOP, the Angolan ambassador to Egypt, António da Costa Fernandes, met with the chairpersons of Egyptian companies Nord and Contaqa in which these managers expressed interest in investing in Angola’s solar energy sector.

Atef Zayed Nord and Tarek Nasr of Contaqa expressed their interest to visit Angola in the near future, to negotiate with the Angolan authorities and find possible partners for the production of solar energy.

To this end, the Ministries of Energy and Water, Industry, as well as the Chamber of Commerce and Industry of Angola will have to develop a strategy to define the framework for this co-operation.

The Sun is a renewable source of energy, safe, clean and with little pollution levels and can be used in various applications and activities in rural and urban areas at low cost.

The North American Space Agency (NASA) has announced that August was the hottest month of the year globally in 136 years.

The need to produce energy with less carbon dioxide emission will allow governments worldwide to invest in the production of solar energy infrastructures.

Tags Energia  

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