AMEA Power to develop BESS in Egypt

AMEA Power, one of the fastest-growing renewable energy companies, has signed Power Purchase Agreements (PPAs) to develop Africa's largest solar PV project and Egypt's first utility-scale battery energy storage system (BESS).

Following the successful completion of the 500MW Abydos Solar PV Project, AMEA Power has secured two major renewable energy projects in Egypt.

The first is a 1,000MW solar PV plant with a 600MWh BESS in the Benban area of Aswan Governorate, which will become the largest solar PV and BESS project on the African continent.

The second is a 300MWh BESS, an expansion of the company’s 500MW Abydos solar PV plant currently under construction in Kom Ombo, Aswan Governorate, marking Egypt's first-ever utility-scale BESS deployment.

AMEA Power has signed PPAs with the Egyptian Electricity Transmission Company for both projects. The signing ceremony, held on September 12th, 2024, was attended by H.E. Dr. Mostafa Madbouly, Prime Minister of Egypt; H.E. Dr. Mahmoud Esmat, Minister of Electricity and Renewable Energy; and H.E. Mariam Al Kaabi, UAE Ambassador to Egypt. Representing AMEA Power were Chairman Hussain Al Nowais, Chief Investment Officer Aqueel Bohra, Senior Director of Project Development Samir Nacef, Head of Legal Tina Blazquez-Lopez, Senior Manager of Business/Project Development Khaled Arfien, and Country Manager Ahmed Hafez.

With a combined investment of US$800mn, these projects underscore AMEA Power’s dedication to supporting Egypt’s transition to clean energy and cement the country as a key market for the company’s future growth.

The projects are expected to create approximately 2,500 jobs during peak construction and will deliver clean, renewable energy to over 769,800 homes, offsetting more than 2.3 million tons of carbon emissions annually.

Hussain Al Nowais, Chairman of AMEA Power, commented, “As the developer of the largest solar PV project in Africa and the first developer to undertake BESS in Egypt, our projects not only set a new benchmark in the renewable energy sector in Egypt and on the Continent but also demonstrates our leadership and innovative spirit in pushing the boundaries of what is possible. We are honoured to play such a pivotal role in shaping the future of clean energy in Egypt and on the Continent and this investment is a testament to AMEA Power’s commitment to deliver large-scale renewable energy solutions. These projects are not just about generating power, they are catalysts for economic growth, job creation, and community empowerment. By investing in Egypt’s energy future, we are reinforcing our dedication to driving positive change and supporting socio-economic development across the regions we serve.”