The agreement paves the way for, within a few years, Angola to have a solar panel industry based on the exploration of quartz, as well as the production of metallurgical silicon and polysilicon, to produce solar panels.
“In addition to oil and gas, Angola also has other important natural sources that Chinese investors can explore and produce renewable energy for,” stated He Zhenwei, Secretary General of the China Oversees Development Association. Energy Capital & Power is the African continent’s leading investment platform for the energy sector.
Speaking at the International Conference on Energy Cooperation in Beijing, dos Santos Neto stated that these resources can enable further socio-economic development and therefore, productive exploitation can push Angola and other African countries to diversify their energy supply and achieve greater energy efficiency.
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