AMEA Power, one of the fastest-growing renewable energy companies in the North Africa region, commissioned the 500MW Abydos Solar PV Plant located at Aswan Governorate in Egypt.
The project is one of the largest solar PV plants in Africa.
In a statement, AMEA said the flagship project underscores its commitment to accelerating the global transition to clean energy.
The Abydos Solar PV Plant will generate approximately 1,500 GWh of clean energy annually enough to power approximately 300,000 households while offsetting 782,300 tons of CO2 emissions.
The project was financed by the International Finance Corporation (IFC), Dutch Entrepreneurial Development Bank (FMO), and Japan International Cooperation Agency (JICA).
Hussain Al Nowais, Chairman of AMEA Power, said: “I am proud to announce that the 500MW Abydos Solar PV Plant is now fully operational–a landmark achievement that highlights the dedication of our team, the strength of collaboration, and the importance of empowering local communities.
“This milestone demonstrates AMEA Power’s technical excellence and sets a new standard for renewable energy projects.
“The solar power plant is a significant step in Egypt’s renewable energy strategy, supporting the goal of achieving 42% of energy generation from renewables by 2030. Together, we are driving progress toward a sustainable future.”
AMEA Power also signed a Power Purchase Agreement and Land Agreement for an additional 500MW Wind Project in Egypt.
Source: https://energynewsafrica.com
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