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Browsing: AMEA Power investments in Africa
- The 300MW wind farm will be financed, built, and operated by AMEA Power under a 25-year power purchase agreement with Ethiopian Electric Power.
- Covering an area of 18,000 hectares, this project is expected to generate 1,400GWh of electricity.
- Dubai-based renewables developer AMEA Power has been involved in several notable projects across Africa.
Ethiopia is on a path to hosting the Horn of Africa’s largest wind farm. This comes after the country signed an agreement with Dubai-based renewables developer AMEA Power to construct the energy plant in Somali Province, situated to the East of the continent’s second most populous country.
At an estimated cost of $620 million, Aysha Wind Power Project will not only bolster Ethiopia’s energy capacity but also mark a giant step towards sustainable development in the Horn of Africa region.
The letter-of-award for this monumental project was signed by Ahmed Shide, Ethiopia’s Finance Minister, and AMEA Power’s representatives …