Shoals Technologies partners with UGT & Sun Africa on 12 GW solar pipeline.

UGT Renewables and Sun Africa has signed an MOU with Shoals Technologies to deploy 12 GW of solar projects, beginning with 600 MW in Angola by 2025.

By Nandini Yelabaka 06 May 2025 in Project Bytes

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The Angola projects have secured EXIM Bank funding and aim to deliver clean water to over 1.1 million people. Image Credit/Source: Andreas-Troll/ Pixabay

US-based Shoals Technologies, UGT Renewables and Sun Africa have signed an MOU to collaborate on up to 12 GW of solar projects from UGT’s pipeline. The first phase includes 600 MW of solar projects in Angola, scheduled to break ground in 2025. These projects are financed by Export-Import Bank of the United States (EXIM Bank). Once completed, they are expected to provide electricity to 60% of the Angolan population. They will also improve access to clean water for over 1.1 million people. Shoals will provide its EBOS solutions to support these projects. It also strengthens Shoals’ presence in international markets and supports UGT Renewables and Sun Africa’s energy diversification efforts.

#EximBankSupport #SunAfrica #UGTRenewables #ShoalsTechnologies

Advertisment {'id': '6819ec013b6e731e72a9dd5b', 'source_name': 'GlobeNewswire', 'source_link': 'https://www.globenewswire.com/news-release/2025/05/05/3074532/0/en/Shoals-Technologies-Group-UGT-Renewables-and-Sun-Africa-Announce-Collaboration-on-up-to-12GW-of-Solar-Projects.html', 'contact_name': 'Lindsey Williams', 'contact_email': '[email protected]'}

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