As the Angolan government ramps up its rural electrification efforts, solar mini-grids are gaining importance as a viable option for promoting these efforts. Joana Brito Paulo, managing associate at CMS Portugal, discusses the advantages of this approach in Angola and how it can be implemented.
(i) Overcoming barriers to financing and conceiving financing solutions adapted to mini grid projects risk profiles;
(ii) Approving a clear regulatory framework for mini-grids projects and a streamlined license approval process;
(iii) Implementing a tariff update to ensure that mini-grids can be financially sustainable and are able to cover operating costs and recover the initial investment.
These are all set as short-term goals in the Rural Electrification Plan guidelines recently approved, which are expected to be put into practice soon.
Much is still to be done, but the good news is that the Angolan government seems committed to creating the necessary conditions to increase rural electrification. Renewable energies, particularly micro and mini-grids, will definitively play an important role in achieving the intended goals.
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