The independent power producer (IPP) Amea Power wants to invest in the Democratic Republic of Congo (DRC). The Emirati energy company has just signed a memorandum of understanding with the authorities in charge of energy for the development of a 100 MWp solar project.
The agreement was signed recently between the General Manager of Amea Power, Mohamed H. Al Nowais, and the Director General of the National Electricity Company (SNEL), Jean-Bosco Kayombo Kayan. This was in the presence of the Undersecretary of the UAE Ministry of Economy, Abdulla Alsaleh, the Deputy Minister of Planning of the Democratic Republic of Congo (DRC), Crispin Mbadu and the Director General of the National Agency for Investment Promotion (ANAPI), Anthony Nkinzo Kamole.
Today, AMEA Power signed a Memorandum of Understanding with @SNELdrc for the development of 100MW solar project in the country. @nowais23 @CrispinMbadu
@AnthonyNkinzoKamole@HussainNowais#Abdullaalsaleh #JeanBoscoKayomboKayan #solar #drc #projects #alnowais_investments pic.twitter.com/BrtdKmrhNH
— AMEA Power (@AmeaPower) March 30, 2022
At this stage, very little information is available about Amea Power’s project in the DRC. The independent power producer (IPP) wants to build a 100 MWp solar power plant. Amea Power is thus continuing its expansion in Central Africa after Gabon, where the company headed by Hussain Al Nowais has expressed its desire to build a 50 MWp solar photovoltaic power plant in Oyem, in the province of Woleu-Ntem.
In the DRC, the group is setting up shop in a country where the energy challenge is much greater. With an estimated hydroelectric potential of 100,000 MW, the Central African country has an installed electrical capacity of 2,844 MW and an electricity access rate of only 19% in 2019, according to the World Bank.
In addition to exploiting its strong hydroelectric potential, notably with the Inga III mega project (11,000 MW), the Congolese RD authorities are also banking on solar energy, which is easier to set up. The country is attracting more and more investors, including decentralised solar energy providers. A few months ago, the International Finance Corporation (IFC), the World Bank Group’s private sector financing arm, and IPP Globeleq, owned by British investor CDC Group (70%) and Norfund of Norway (30%), announced the construction of a 100 MWp solar photovoltaic plant in Kolwezi in south-eastern DRC.
Jean Marie Takouleu