Browsing: renewable energy projects 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 …

As Africa’s role in the global economy continues to garner prominence, it’s imperative for the continent to seal the gaping hole in its power supply.

Lack of universal power access remains a major roadblock that has retrogressed industrialization and socio-economic development. Statistics from the World Bank indicate that Africa remains the least electrified region in the world, with 568 million people lacking access to electricity.

The Bretton Woods institution, further notes that the Sub-Saharan Africa’s share of the global population without electricity, jumped to 77 per cent in 2020 from 71 per cent in 2018, whilst most regions saw declines in their share of access deficits. It has become a Hobson’s choice for African governments to prioritize the power sector, which is the epicenter of industrialization, working towards Goal 7 of the UN SDGs; which advocates for universal access to affordable, reliable and modern electricity services.

Currently, Africa’s power is …