{"id":86137,"date":"2024-08-19T00:00:00","date_gmt":"2024-08-19T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2024\/08\/19\/amea-signs-power-purchase-agreement-for-ethiopian-wind-farm\/"},"modified":"2024-08-19T00:00:00","modified_gmt":"2024-08-19T00:00:00","slug":"amea-signs-power-purchase-agreement-for-ethiopian-wind-farm","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2024\/08\/19\/amea-signs-power-purchase-agreement-for-ethiopian-wind-farm\/","title":{"rendered":"Amea signs power purchase agreement for Ethiopian wind farm"},"content":{"rendered":"

Amea + Ethiopia to develop largest wind farm in Horn of Africa:<\/strong> The UAE\u2019s Amea Power<\/a> has signed a power purchase agreement (PPA) with Ethiopian Electric Power<\/a> to develop and operate the USD 620 mn, 300 MW Aysha 1 wind energy plant in Ethiopia, according to a statement<\/a>. The project is set to be the largest wind farm in the Horn of Africa region. Amea\u2019s wholly-owned subsidiary, Amea Power Aysha Wind One, will develop, invest in, build, own, and operate the plant. <\/p>\n

(** Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n

Months in the making: <\/strong>Amea signed an agreement with Ethiopia\u2019s Finance Ministry in December 2023<\/a> to build the Aysha wind farm. The Aysha wind farm will span 18k acres, making it the country\u2019s largest once operational. The timeline on when construction would begin on the plant was not provided. <\/p>\n

Amea is pushing ahead with renewables facilities in Africa: <\/strong>Amea Power has broken ground on the 24 MWp Ituka solar PV plant in the West Nile region in Uganda earlier this<\/a>month<\/a>. The USD 19 mn project \u2014 set to be operational in 3Q 2025 \u2014 will generate approximately 53.9k MWh of clean energy annually. It also held a two-day public consultation for its 125 MW Matambo solar plant in Mozambique a few weeks ago<\/a>, and reached financial close on its USD 120 mn, 120 MW Doornhoek solar energy plant in South Africa in June<\/a>.<\/p>\n

And there\u2019s more in the pipeline:<\/strong> Amea Power signed agreements at COP28 with the governments of Uganda, Djibouti, Mozambique and Zimbabwe to develop renewables projects with a combined 200 MW generation capacity<\/a>. The UAE firm is also reportedly set to sign a USD 800 mn agreement<\/a> with Geothermal Development Co. of Kenya to develop the 200 MW Baka geothermal energy generation plant in the African country.<\/p>\n

North Africa is included in the mix:<\/strong> The company completed a 33\/220kV substation building structure at its 500 MW Abydos solar plant<\/a> in Egypt last month. The solar plant \u2014 which secured funding in December 2022 \u2014 is scheduled to be completed in the middle of this year, and is being constructed under a build-own-operate framework. Amea also began construction of the TND 300 mn (USD 95.7 mn), 100 MW solar power plant in Tunisia\u2019s Kairouan last month.<\/p>\n","protected":false},"excerpt":{"rendered":"

The project will be the biggest in the Horn of Africa<\/p>\n","protected":false},"author":1,"featured_media":86138,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[48],"tags":[244,11,52,47,46],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-86137","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wind","tag-amea-power","tag-enterpriseclimate","tag-uae","tag-wind","tag-wind-energy","wpautop","entry"],"acf":{"mongo_id":"45f2a540-596c-4af5-acf6-4c874c197134","order":"9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/8\/1626.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Amea signs power purchase agreement for Ethiopian wind farm","related_issue":[86121],"teaser":"The project will be the biggest in the Horn of Africa","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/8\/.e9d59346-bae5-4f13-9b29-1e66fd19e38c.mp3"},"yoast_head":"\nAmea signs power purchase agreement for Ethiopian wind farm - 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