In southern Africa, Angola’s ministry of energy and water has announced that it has engaged into a memorandum of understanding (MoU) with industrial group Privinvest to introduce hydrokinetic power generation in the country.
The MoU was signed within the context of the Republic of Angola’s 2025 Energy Security Plan, under which the country has stated its aim to achieve 9,000MW of production by 2025, with particular priorities for hydrokinetic power generation, the company said in a statement.
Privinvest, headquartered in the Middle East, entered the industry in 2012 and is now increasingly involved in hydrokinetic technology, which uses the power of moving water – ocean waves or currents in canals, rivers, and tidal channels – to produce electricity. The company’s affiliates, CMN and Hydroquest, design and manufacture special turbines for use in both rivers and the sea.
Commenting on this new venture Joao Baptista Borges, minister of energy and water, said: “Angola is one of the world’s greatest untapped potential sources of hydropower. Its abundant waterways will allow, with the introduction of accessible technologies, the development of low cost energy for the rural and remote areas of this vast country.”
Hydrokinetic power farms
Chairman of CMN, Pierre Balmer, also commented: “We are delighted that CMN’s proven manufacturing expertise will be leading on this exciting project. It is a technology that has the potential to revolutionise the energy supply market for Africa and beyond.”
Privinvest explained that under the terms of the MoU, Empresa Publica de Producao de Electricidade (Prodel), the country’s state-owned power utility, and the hydrokinetic power firm have committed to the creation of a joint venture company in Angola.
The newly formed company will initially be charged with the manufacture and operation of hydrokinetic farms in the southern African country. The workload will be split between Angola and France.
The company also disclosed that Prodel has agreed to purchase all the electrical output of the venture in Angola.
Operations are expected to commence with the commissioning of three test sites, which will have a combined anticipated production output of at least 12MW. The first site is expected to be online by 2017.
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