Djibouti Signs Agreement For Solar IPP
AMEA Power will build a 25MW facility with battery storage.
The government of Djibouti has signed a 25-year power purchase agreement with Dubai-based AMEA Power to build a 25MW photovoltaic solar plant with battery storage in the Grand Bara area.
It is the country’s first solar independent power project (IPP). The agreement was signed on 27 August.
The facility will generate 55GWh of energy a year, enough to supply more than 66,500 people.
The Sovereign Fund of Djibouti is set to join the project as a minority shareholder before it reaches financial close. The offtaker will be state-owned utility provider Electricité de Djibouti (EDD).
AMEA Power has signed a 25-year Power Purchase Agreement (PPA) in Djibouti for a 25MWp solar project with battery storage.
— AMEA Power (@AmeaPower) August 28, 2023
The signing ceremony was held in Djibouti on August 27th, 2023. The PPA was signed by Mr. Djama Ali Guelleh, CEO of the national utility company,… pic.twitter.com/XrG8iPddCK
“East Africa is an important market for AMEA Power as it is a region with immense potential for the development of clean, reliable, and affordable energy,” said Hussain al-Nowais, chairman of AMEA Power, at the signing of the agreement.
The government of Djibouti wants to reduce the country's carbon dioxide emissions by around 40% by 2030.
AMEA Power says it has a clean energy pipeline of 6GW across 20 countries.
Photo: Agreement signing (Source: AMEA Power)
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