AMEA Signs 200MW SolarPV and 500MW Wind Project in Egypt.

Google+ Pinterest LinkedIn Tumblr +
  • AMEA Power, a subsidiary of Al Nowais Investments, has signed a power purchase agreement (PPA) with The Egyptian Electricity Transmission Company (EETC) for a 200MW solar PV project and a 500MW wind power project in Egypt.
  • A joint statement explained that Abyodos Solar Power Company (ASPC), a company fully owned by AMEA Power, will build, own and operate the 200MW solar project in the Kom Ombo region of Aswan under the 25 year take-or-pay agreement.
  • Amunet Wind Power Company (AWPC), a fully owned company of AMEA Power, will also build, own and operate the 500MW wind power project in the Ras Ghareb area under the 20 year take-or-pay agreement.

The power plants, expected to be commissioned in Q4 2021 for solar and Q3 2023 for wind, will be able to supply power to approximately 830,000 homes, with planned production of nearly 2.9GWh per year.

The project confirms the dedication of AMEA Power to support the country’s firm goal of increasing the renewables contribution by 42% to its energy mix by 2035.

Speaking at the signing ceremony, AMEA Power’s Chairman, Hussain Al Nowais, said: “As we continue to expand our global presence, we are delighted to embark on these renewable energy projects in Egypt.

“We are thankful for all the support that we have received in the country and we look forward to continuing to support Egypt in its drive to diversify its energy mix.”

The PPA was signed by Eng. Sabah Mashali, President of EETC and Hussain Al Nowais, Chairman of AMEA Power, on 10 December 2019, in the presence of Egypt’s Prime Minister, Mostafa Madbouly; the Minister of Electricity and Renewable Energy, Mohamed Shaker and the UAE Ambassador to Egypt Jomaa Al Junaibi, amongst others.

Related news: Egypt’s Benban solar PV complex is the largest solar pv project in Africa and all 1.65 GW is expected to be complete by the end of the year. Read more

Author: Babalwa Bungane

This article was originally published on ESI Africa and is republished with permission with minor editorial changes.


Leave A Reply

About Author

Green Building Africa promotes the need for net carbon zero buildings and cities in Africa. We are fiercely independent and encourage outlying thinkers to contribute to the #netcarbonzero movement. Climate change is upon us and now is the time to react in a more diverse and broader approach to sustainability in the built environment. We challenge architects, property developers, urban planners, renewable energy professionals and green building specialists. We also challenge the funding houses and regulators and the role they play in facilitating investment into green projects. Lastly, we explore and investigate new technology and real-time data to speed up the journey in realising a net carbon zero environment for our children.

Copyright Green Building Africa 2024.