Amea Power expands in Africa with USD 150 mn solar plant in Mozambique

Amea Power’s Mozambique project valued at USD 150 mn: Amea Power has partnered with Mozambique’s Hidropower to establish a USD 150 mn, 125 MW Matambo solar plant, capable of powering 150k homes, according to a statement by Dubai International Chamber (DIC). The project was originally signed with Mozambique’s Banco Nacional de Investimento on the sidelines of COP28 and is expected to offset around 233k tons of CO2 annually.

What they said: “The demand for renewable energy in Mozambique and the Southern African region as a whole is increasing; this solar photovoltaic project will not only help meet this demand, but also significantly reduce carbon emissions,” said Amea Power Chairman Hussain Al Nowais.

More African expansion for Amea: Amea Power announced in December a 50 MW solar power plant in the Ivory Coast after signing a concession agreement and a 25-year power purchase agreement (PPA) in January. The company is also building South Africa’s 120 mn, 120 MW Doornhoek solar energy plant.