KEY POINTS
- AMEA Power’s 500MW Abydos Solar Plant powers 300,000 homes, aligning with Egypt’s goal of 42% renewable energy by 2030.
- Funded by global partners, the plant cuts 782,300 metric tons of carbon emissions annually, bolstering Egypt’s sustainability efforts.
- Future projects include a 500MW wind farm and a 600MWh battery system, showcasing AMEA Power’s renewable energy innovation.
AMEA Power, a fast-expanding renewable energy firm, has achieved a significant milestone by commissioning the 500MW Abydos Solar PV Plant, one of Africa’s largest solar power projects in Egypt.
Located in Egypt’s Aswan Governorate, this landmark project announced according to a release from its official website, underscores the company’s commitment to advancing alternative energy sources in Africa while supporting Egypt’s clean energy goals.
The plant, completed in just 18 months, will generate 1,500GWh of clean energy annually, enough to power 300,000 households while offsetting 782,300 tons of CO2 emissions. More than 3,000 personnel contributed to its construction, emphasizing local job creation and collaboration.
Expansion of renewable energy projects
During the plant’s inauguration, attended by Prime Minister Dr. Mostafa Madbouly, Minister of Electricity and Renewable Energy Dr. Mahmoud Esmat, and other key officials, AMEA Power also announced the signing of a Power Purchase Agreement and Land Agreement for a 500 MW wind project in Egypt.
AMEA Power Chairman Hussain Al Nowais highlighted the plant’s contribution to Egypt’s renewable energy goals: “The Abydos Solar PV Plant is a testament to our team’s dedication, strong partnerships, and commitment to local communities. This project is pivotal in advancing Egypt’s renewable energy strategy, which aims for 42% of energy generation from renewables by 2030.”
Financing and technical excellence
The $500 million Abydos project was financed through a partnership with the International Finance Corporation (IFC), Dutch Entrepreneurial Development Bank (FMO), and Japan International Cooperation Agency (JICA).
AMEA Power demonstrated efficient project execution, completing the solar plant within its projected timeline while adhering to high technical standards.
Broader renewable energy portfolio
In addition to Abydos, AMEA Power has secured two other major projects in Egypt. The first, a 1,000MW solar PV plant with a 600MWh battery energy storage system (BESS), will be Africa’s largest solar and storage project upon completion.
The second is a 300MWh BESS, an extension of the Abydos plant and the first utility-scale storage solution in Egypt.
In addition, AMEA Power’s 500MW Amunet Wind Farm in Ras Ghareb is under construction and is expected to begin operations in early 2025.
Community-centric initiatives
AMEA Power has integrated community development into its operations, implementing projects to enhance healthcare, education, and employment in Aswan. Key initiatives include renovating the Al Fares health unit, equipping the Al Azhar Girls’ Institute, and providing technical training to local youth.
About AMEA power
Headquartered in Dubai, AMEA Power develops, owns, and operates renewable energy projects across Africa, the Middle East, and Asia.
With over 1,600MW in operation or under construction and a pipeline exceeding 6GW, the company is a key driver of the global energy transition.
Earlier in September, AMEA Power signed Power Purchase Agreements to develop Africa’s largest 1,000MW solar PV project with a 600MWh battery energy storage system (BESS) and a 300MWh BESS expansion in Egypt.
With a combined $800 million investment, these projects will provide clean energy to 769,800 homes, offset 2.3 million tons of CO2 annually, and create 2,500 jobs during peak construction, underscoring AMEA Power’s leadership in advancing Egypt’s renewable energy transition.
