Mr Gustav Saatad director of Hydro Aluminum Angola said during the 1st National Conference on Clean Energy that Angola will soon have an aluminum foundry.
Mr Saatad the director of the Angolan subsidiary of Norwegian group Hydro said that the company aimed to produce aluminum in Angola making use of the high potential for renewable energy in the country.
The aluminum foundry project is expected to cost USD 5 billion and when it goes online will produce 450,000 tonnes of aluminum per year.
In May 2009 Hydro and the Angolan government signed a memorandum of understanding to analyze the feasibility or an integrated hydroelectric and aluminum production project.
Mr Emanuela Vieira Lopes water and energy minister of Angola announced that 36 localities would benefit from solar powered systems, which would provide electricity to schools, medical posts, water pumping systems, public administration facilities, homes and police stations.
(Sourced from macauhub.com)