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Luanda (Angola), December 6, 2021 – SOLENOVA, an Eni-Sonangol JV aimed at developing renewable energy projects, has reached the Final Investment Decision (FID) and the signing of the Engineering, Procurement and Construction (EPC) contract for the first phase of the Caraculo photovoltaic project, located in the Namibe province in Angola.
These milestones confirm the progress of the project, in line with the expected start-up in the fourth quarter of 2022. The plant will have a total capacity of 50 MWp to be built in a phased manner, the first phase being 25 MWp.
The Caraculo photovoltaic plant will be an important source of electrical power in the Namibe province, from a renewable resource, and will allow the reduction of diesel consumption for electricity generation, thus reducing the emission of greenhouse gases (GHG) and contributing to Angola’s energy transition.
In addition to the positive impact on the environment, the project will also contribute to the sustainable development of communities in the surrounding areas, which will benefit from social interventions including access to energy, access to water, health and education.
The positive impacts of the project to be registered in the environmental and social sector domains will also contribute to the promotion of the achievement of the United Nations Sustainable Development Goals (SDGs), mainly SDG #7 – Affordable and Clean Energy.
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EnergIA (ener'dʒia) is a system based on Generative Artificial Intelligence.
Thanks to this technology, we can respond to your requests by querying the most relevant content and documents available on eni.com. (Note: financial documents from the last 12 months and press releases from the last 2 years are considered.)
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Like all systems that leverage Generative Artificial Intelligence, EnergIA may generate inaccurate or outdated responses. Always consult the sources that EnergIA proposes as the origin of the generated information.
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Remember that the content generated by the system does not represent Eni’s official position. We therefore invite stakeholders to refer to their designated contacts for official statements: Press Office for journalists, Investor Relations for analysts and investors, Company Secretariat for shareholders etc..
EnergIA can understand questions posed in almost all languages, but we prefer to provide you with a response in English or Italian, the two languages available on eni.com. If you ask a question in Italian, the content on the site in Italian will be consulted. If you ask it in English or any other language, the content in English will be consulted. (Note: the language Eni uses for financial documents/content is predominantly English.)
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