As one of the fastest growing renewable energy companies in the region, the company is rapidly expanding its investments in wind, solar, energy storage and green hydrogen, demonstrating its long-term commitment to the
AMEA Power, one of the fastest growing renewable energy companies based in the Middle East, announced that it has signed a 25- year Power Purchase Agreement (PPA) with the
The 25-megawatt solar project with Battery Storage will support Djibouti''''s clean energy ambitions by generating 55 GWh of clean energy per year, enough to reach more than
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As one of the fastest growing renewable energy companies in the region, the company is rapidly expanding its investments in wind, solar, energy storage and green hydrogen, demonstrating
AMEA Power, a UAE-based renewable energy developer has signed a long-term PPA with the national utility of Djibouti for a 25 MW solar PV plus battery storage unit.
SunContainer Innovations - Summary: Discover how Djibouti''''s energy storage battery processing sector is transforming renewable energy adoption, grid stability, and industrial growth. Explore
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The project will be the first solar Independent Power Project (IPP) in Djibouti and will be located in Grand Bara, south of Djibouti City. The solar project is being fully developed by AMEA Power under a Build-Own-Operate and Transfer (BOOT) model and will generate 55 GWh of clean energy per year, enough to reach more than 66,500 people.
According to USAID, Djibouti consumes 100 megawatts of electricity, but only 57 megawatts are reliably available to serve the population due to underdeveloped energy infrastructure. Much of Djibouti’s remaining energy comes from its own geothermal, solar, wind and biomass sources.
The Sovereign Fund of Djibouti (FSD) will be joining the project before financial close as a minority shareholder. The offtaker for the project will be Electricité de Djibouti. As part of its strategic plan, the Government of Djibouti aims to reduce CO2 emissions by around 40% by 2030.
The signing was witnessed by the Minister of Energy and Natural Resources, H.E. Yonis Ali Guedi. The project will be the first solar Independent Power Project (IPP) in Djibouti and will be located in Grand Bara, south of Djibouti City.
The signing ceremony was held in Djibouti on August 27th, 2023. The PPA was signed by Mr. Djama Ali Guelleh, CEO of the national utility company, Electricité de Djibouti (EDD) and Mr. Hussain Al Nowais, Chairman of AMEA Power. The signing was witnessed by the Minister of Energy and Natural Resources, H.E. Yonis Ali Guedi.
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