AFRICA: Africa50 and Amea to co-develop solar farms in five countries

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AFRICA: Africa50 and Amea to co-develop solar farms in five countries ©Africa50

On the sidelines of COP28, which recently concluded in Dubai, the Africa50 investment platform signed an agreement with Emirati independent power producer (IPP) Amea Power to co-develop solar photovoltaic power plants in several African countries.

The Africa50 platform will further finance the production of solar energy in Africa. It will do so with the help of Amea Power, an independent power producer (IPP) based in Dubai in the United Arab Emirates (UAE). The two companies recently made a commitment, on the sidelines of COP28, to co-develop solar photovoltaic power plants in at least five African countries.

The two partners will co-invest in Senegal, Tunisia, Burkina Faso, Togo and Chad, “to support the continent’s energy transition objectives”, according to Africa50. The infrastructure investment company founded by the African Development Bank (AfDB) and African governments is investing heavily in Africa’s energy sector. For example, Africa50 participated in the construction of the 1,650 MWp Benban solar complex in Egypt.

Read also- AFRICA: ASI and Africa50 join forces to finance solar energy 

For its part, Amea is multiplying its projects in Africa. The company, headed by Hussain Alnowais, is currently operating a 50 MWp solar power plant in Blitta in Togo’s Centre region. In parallel with the project to extend this power station to 70 MW, Amea has obtained concessions for the construction of solar farms, notably in Kairouan (120 MWp) in Tunisia. In Burkina Faso, IPP is currently building the 26.6 MWp Zina solar power plant.

In addition to the countries covered by the partnership with Africa50, Amea is negotiating concessions in Gabon, the Democratic Republic of Congo (DRC), Djibouti, Egypt, Morocco, Uganda and South Africa. Like other IPPs, the company made a commitment at COP28 to contribute to the objective of tripling installed renewable energy production capacity worldwide, particularly in Africa.

Jean Marie Takouleu

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