Angola: MoU on hydrokinetic energy

Issue 328 - 22 Jul 2016 | 1 minute read
The Ministry of Energy and Water has signed a memorandum of understanding (MoU) with Abu Dhabi industrial group Privinvest to introduce hydrokinetic power generation over the next decade. Privinvest affiliates CMN and Hydroquest design and manufacture turbines for use in rivers and the sea, harnessing energy from tides and flowing water.State power utility Empresa Pública de Produção de Electricidade (Prodel) and Privinvest have agreed to set up a joint venture company, which will initially manufacture and operate hydrokinetic energy schemes in Angola. The workload will be split between Angola and France.

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