- AMEA Power, a majority shareholder in the $120 million project, has teamed up with a consortium of Ziyanda Energy and Dzimuzwo Consulting.
- Amea Power produces about two gigawatts of clean energy through solar and wind energy plants in 15 countries and plans to raise its output to five gigawatts in the next three years.
Amea Power is prepared to develop a $120m solar photovoltaic (PV) project in South Africa. AMEA Power, a majority shareholder in the $120 million project, has teamed up with a consortium of Ziyanda Energy and Dzimuzwo Consulting. The solar plant will sell electricity to state utility Eskom under a 20-year power purchase agreement. In addition, the company is exploring opportunities with several commercial and industrial entities across South Africa to provide them with access to renewable energy. The construction of the new site is expected to commence in 2023.
The Amea Power chairman Hussain Al Nowais, “The awarding of this project represents another major milestone for Amea Power as it is our first in South Africa and was granted in competition with other major renewable energy players”. Amea Power produces about two gigawatts of clean energy through solar and wind energy plants in 15 countries and plans to raise its output to five gigawatts in the next three years.
South Africa, one of Africa’s largest economies, has been investing heavily in renewable energy and aims to increase the share of renewable energy in its energy mix to 41 per cent by 2030, from 11 per cent in 2019. It plans to decommission eight and 12 gigawatts of coal-fired power plants over the next decade. Amea Power said it had “secured” several sites suitable for developing further gigawatt renewable energy projects in South Africa.