AFRICA: Africa50 and Amea will co-develop solar parks in five countries
On the sidelines of COP28 which recently concluded in Dubai, the Africa50 investment platform concluded an agreement with the UAE independent power producer (IPP) Amea Power to co-develop photovoltaic solar power plants in several African countries.
The Africa50 platform will further finance solar energy production in Africa. This will be with the help of Amea Power, an independent power producer (IPP) based in Dubai in the United Arab Emirates (UAE). The two companies recently committed, on the sidelines of COP28, to co-develop photovoltaic solar power plants in at least five countries in Africa.
The two partners will co-invest in Senegal, Tunisia, Burkina Faso, Togo and Chad, “in order to support the continent’s energy transition objectives” a>, indicates Africa50. The infrastructure investment company founded by the African Development Bank (AfDB) and African states is investing heavily in Africa's energy sector. Africa50, for example, participated in the construction of the 1,650 MWp Benban solar complex in Egypt.
For its part, Amea is multiplying projects in Africa. The company led by Hussain Alnowais currently operates a 50 MWp solar power plant in Blitta in the Center region of Togo. Alongside the project to expand this power plant to 70 MW, Amea obtained concessions for the construction of solar parks, notably in Kairouan (120 MWp) in Tunisia. In Burkina Faso, the 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 committed at COP28 to contributing to the objective of tripling the installed capacity for producing renewable energies in the world, particularly in Africa.
