- Cabeolica expands wind power in Santiago, Cape Verde.
- Investment of $50 million to boost capacity from 9 to 22 MW.
Cape Verde boosts its renewable energy with Cabeolica’s expansion on Santiago. The $50 million project will increase wind power in Santiago from 9 to 22 MW.
Cabeolica will build two electricity storage systems: 9 MW/5 MWh on Santiago and 6 MW/6 MWh on Sal. Minister Alexandre Monteiro emphasises the importance of battery energy storage systems (BESS) for stabilising the grid.
Cabeolica aims to raise renewable energy’s share in Cape Verde’s mix to 30 per cent by 2025. This will save €1 million annually on fuel imports for thermal power stations.
Cape Verde heavily relies on thermal power stations, which account for up to 80 per cent of its electricity. Cabeolica, a public-private partnership (PPP), supplies 17 per cent of Cape Verde’s electricity.
It operates 30 wind turbines across four islands, providing 25.5 MW. Ownership changes in 2021 saw A.P. Moller Capital acquire 40 per cent, Africa Finance Corporation (AFC) retain 50 per cent, and Cape Verde hold 6 per cent.
This expansion marks progress toward Cape Verde’s renewable energy targets.