Will AMEA power build a solar PV plant in Djibouti?

UAE-based independent power producer (IPP) Amea Power has signed agreements to build a 30 MWp solar PV plant in Djibouti. This will be done in the framework of a public-private partnership (PPP). Amea Power continues its expansion in Africa.

Why is Djibouti constructing a solar farm?

Djibouti's $390 million solar farm is under construction in southern Djibouti as a result of a public-private partnership between Djibouti’s Ministry of Energy and Natural Resources and Green Enesys, a German renewable energy firm. Construction began in 2018 after $50 million in funding was secured by the World Bank and other financiers.

Does Djibouti have a geothermal potential?

Djibouti is also banking on its geothermal potential with the start of drilling in the Lake Assal area. In addition to electricity production, this East African country wants to exploit the natural heat of its subsoil for various uses, particularly in the industrial and agricultural sectors.

What does AMEA power do in Djibouti?

AMEA Power will develop the project in partnership with the Sovereign Wealth Fund of Djibouti (FSD). The electricity produced will be sold to Djibouti's public utility Électricité de Djibouti (EDD), under a long-term power purchase agreement.

Why is Djibouti relying on IPPs?

According to Power Africa, Djibouti has an installed capacity of only 126 MW. Out of this just 57 MW are reliably available to serve a population of nearly 988,000 and its main industries. However, the government is relying on IPPs to exploit Djibouti’s renewable energy potential. The government is ramping up its renewable energy capacity.

Who signed the IA in Djibouti?

The official signing ceremony was held in the presence of President Ismail Omar Guelleh. The IA was signed by Hussain al-Nowais, Chairman of AMEA Power, and Yonis Ali Guedi, Djiboutian Minister of Energy and Natural Resources.