The growth of clean energy is unstoppable, as reflected in the statistics published annually by the International Energy Agency (IEA). Photovoltaic energy is electricity produced from sunlight, and can be produced even on cloudy or rainy days. The greater the solar radiation, the greater the amount of electricity produced.
In the field of renewable energy, SOMOIL is focused on solar energy, where we anticipate significant growth over the next five years.
Angola is blessed with significant sun exposure, so we want to prioritize solar energy. We have a very strong partnership set up with one of the largest renewable solar energy companies on the Iberian Peninsula. But we want to do this as a business, so we set up this partnership.
We hope to initiate some projects in 2022, starting with our own fuel stations.
It should be noted that over the years SOMOIL has performed some solar installations at clinics, school centers, and water collection systems (wells), mainly as part of its social responsibility program.
Advantages of Solar Energy
Investing in on Solar Energy is investing in a more sustainable future with countless advantages:
- It can be considered inexhaustible on a human scale, when compared to fossil fuels;
- It is 100% environmentally friendly, since solar energy does not emit greenhouse gases and does not pollute the water or the air;
- It poses fewer risks than nuclear power;
- It reduces dependence on fossil fuels.