AMEA Power gets nod to expand solar project in Egypt to 500 MW

AMEA Power LLC, a unit of Al Nowais Investments (ANI), announced today that the size of the Abydos solar plant it is preparing to build in Egypt’s Aswan governorate will be expanded by 300 MW to a total of 500 MW.

The Dubai-based renewables developer said it has power purchase agreements (PPAs) in place for the aforementioned solar park and the 500-MW Amunet wind farm in the Gulf of Suez. The contracts were signed with the Egyptian Electricity Transmission Company (EETC) a year ago.

The size boost comes following a request from Egyptian authorities and subsequent approval from the Cabinet of Ministers, a press release reads.

AMEA Power has also inked network connection contracts with the EETC for both projects, as well as usufruct agreements with the country’s New and Renewable Energy Authority (NREA). Moreover, the finance ministry has issued sovereign guarantees for each project.

In addition to the Egyptian developments, AMEA Power also has PPAs for a 50-MW wind project in Kenya, for a 30-MW solar project in Morocco, for a 50-MW solar project in Mali and for 120 MW of solar capacity in Chad. The company is also building two 50-MW solar PV plants and one 50-MW wind farm in Jordan and Togo.

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