The official’s view on the matter was presented as part of a joint interview between Jornal de Angola and Jornal Economia & Finanças, where he considered it necessary to change the model for expanding access to electricity, integrating into the ongoing effort, currently based on “large public projects,” solutions where the private sector contributes efficiently to its distribution.
The association leader added that even though there are currently difficulties in aspects related to tariffs and more local solutions, which are fundamental for expansion in remote areas, the strategy should involve implementing green mini-grids and using domestic solar systems.
According to the official, the solutions employed so far still do not guarantee the best cost-benefit ratio, and could also allow for a more rational use of public funds.
During his communication, in which several essential issues were addressed, he made known the existence of various ideas from the association aimed at helping the Government approve a legal and regulatory framework that establishes transparent rules, with appropriate incentives, so that the private sector can invest in the renewable energy sector.
For example, he acknowledges that the recently approved legislation already demonstrates some sensitivity on the part of the Executive, but it needs to be adapted to operators interested in investing their capital efficiently, and where speed, along with the conditions described above, are guaranteed for national and foreign investors.
In this sense, it is also necessary for the financial system, particularly banks, to be prepared to support with credit under conditions that are attractive, and for existing provisions regarding the repatriation of invested capital to be ensured by the national financial system. But, he said, the main factor for attracting investment, in this and any other sector, is the existence of a legal and regulatory framework that establishes clear rules, a government apparatus that excels in efficiency and transparency, and justice functioning in an exemplary manner, applying the law rigorously.
Victor Fontes highlighted the investments made by the State in photovoltaic plants in recent years, which have already resulted in about 400 megawatts peak (MWP) installed and functioning, all with the exception of the Caraculo plant of 25 MWp.
The governing bodies of ASAER were elected on February 10 for the 2025-2028 term. There are so far 70 members with regularized status.
