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Wednesday, February 5, 2020

Moyamed Bin Zayed solar lifts West African PV complex - NaijaAgroNet

NaijaAgroNet:

The African Energy Chamber (https://EnergyChamber.org/) addresses its heartfelt congratulations to the Republic of Togo for breaking ground on its 50MW Mohamed Bin Zayed Photovoltaic Solar Power Complex today in Blitta. The project was launched in presence of H.E. Faure E. Gnassingbe, President of the Republic of Togo, and Hussain Al Nowais, Chairman of AMEA Power, the company in charge of designing, financing, building, launching, operating and maintaining the facility.

The Moyamed Bin Zayed Solar PV Complex is West Africa’s largest ongoing solar PV project, and supports Togo’s ambitions to increase its rural electrification rate to 50% by 2022, and 100% by 2030.

“AMEA Power is a foreign investor who understands Africa and has demonstrated a commitment to supporting local content wherever it operates,” declared Nj Ayuk, Executive Chairman of the African Energy Chamber and CEO of the Centurion Law Group. “As public and private sector interest for Africa grows in the Middle East, such players are most welcomed. Their work in and with Africa contributes to the development of a sustainable and prosperous future.”

The project further confirms the growing presence of AMEA Power in the continent. The UAE-based company has become a serious investor in Africa’s energy sector and represents the growing appetite of private players and investors from the Middle East to invest in Africa. At the end of 2019, Saudi Arabia-based ACWA Power signed two long-term power purchase agreements for 250MW of solar PV projects in Ethiopia, while state-owned ADNOC is reportedly looking at several investments into the African upstream oil & gas sector.

Isaac Oyimah/Editor


Pix: Pöllö - Own work, CC BY 3.0, 

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