AMEA Power signs PPA for 200MW of solar in Egypt

Facebook
Twitter
LinkedIn
Reddit
Email
The PPA was signed by Eng. Sabah Mashali, President of EETC and Mr. Hussain Al Nowais, Chairman of AMEA Power, on December 10th 2019, in the presence of Egypt’s Prime Minister, His Excellency Dr. Mostafa Madbouly; the Minister of Electricity and Renewable Energy, H.E. Mohamed Shaker and the UAE Ambassador to Egypt H.E. Jomaa Al Junaibi, amongst others. Credit: AMEA Power

AMEA Power, a subsidiary of Al Nowais Investments (ANI), has signed a 25-year 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.

Abyodos Solar Power Company (ASPC), a company fully owned by AMEA Power, will build, own and operate the solar project in the Kom Ombo region of Aswan under a 25-year take-or-pay agreement.

Meanwhile, Amunet Wind Power Company (AWPC), also fully owned by AMEA Power, will build, own and operate the 500MW wind power project in the Ras Ghareb area under a 20-year take-or-pay agreement.

The PV plant is expected to be commissioned in the fourth quarter of 2021 and the wind plant in Q3 2023. The two plants will be able to supply power to approximately 830,000 homes, with planned production of nearly 2.9GWh of electricity per year.  

In October, Saudi firm ACWA Power inked a deal for a 200MW solar plant in Egypt's West Nile region.

Togo 50MW PPA

In separate news, on 26 November AMEA Power, a developer, owner, and operator of thermal and renewable power projects in Africa, the Middle East and Asia, signed a PPA with Togo’s national utility company, La Compagnie Energie Electrique du Togo (CEET), for a 50MW solar PV project. The scheme now lies under construction.

A PPA with Chad’s Ministry of Energy for a 60MW solar PV project was also signed by AMEA Power earlier this year. Furthermore, the company has two green energy projects in Jordan under construction: a 50MW solar power plant and a 51.75MW wind power plant.

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.”

Egypt is planning to host 42% renewables in its energy mix by 2035.

The latest edition of PV Tech Power, Volume 21, to be released in the coming days, includes a feature on bifacial solar modules in the Middle East.

29 November 2022
PV ModuleTech EMEA in Madrid on 29-30 November 2022 will address the factors underpinning the changing PV module landscape, gathering together all the key stakeholders across the value-chain from module production to field testing. Join us for presentations from the leading players in the sector, clearly identifying the opportunities and challenges set to impact module supply to Europe and the Middle-East over the next few years.

Read Next

September 22, 2022
EDP Renewables North America has started construction on a 240MW utility-scale solar PV project in Milam County, Texas.
September 15, 2022
US solar developer Pine Gate Renewables has signed power purchase agreements (PPAs) for 1GW of utility-scale solar PV in late-stage development in the US
September 12, 2022
A subsidiary of Australian mining company Fortescue Metals Group is looking to construct a green hydrogen facility in Egypt that could feature 9.2GW of solar and wind generation.
September 9, 2022
Japan’s 13th solar auctions have been heavily undersubscribed as developers struggle with land availability, support levels and familiarity with power market access, according to Shulman Advisory, a Tokyo-based renewables analyst agency.
September 1, 2022
Independent power producer Scatec will construct a 50MW solar project in Botswana after signing a 25-year power purchase agreement with state-owned utility Botswana Power Corporation.
August 30, 2022
IPP Globeleq has signed a memorandum of understanding to develop a green hydrogen hub in Egypt with up to 9GW of solar PV and wind power.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
September 27, 2022
15:30 AEST (UTC +10)
Solar Media Events
October 4, 2022
New York, USA
On-Demand Webinars, Solar Media Events
October 11, 2022
Virtual event
Upcoming Webinars
October 18, 2022
10am (EDT) / 4pm (CEST)