AMEA Power, a Dubai-based company that develops and operates renewable energy projects in Africa, the Middle East and Asia (AMEA), has secured a Concession Agreement and a Power Purchase Agreement (PPA) worth $100 million for a 100MW solar project in Kairouan, from the Tunisian Government.
Ms. Najla Bouden Romdhane, Head of Government of Tunisia, Ms. Neila Nouira Genji, Tunisian Minister of Industry, Mines and Energy, Mr. Hussain Al Nowais, Chairman of AMEA Power, and other dignitaries attended the ceremony, which took place at the government headquarters in Al Qasba, Sharjah.
The 100MW solar power plant in Kairouan, Tunisia, was awarded in December 2019 to a consortium led by AMEA Power and TBEA Xinjiang New Energy Company. This project is part of Tunisia’s first round of solar projects under the concession regime, which was launched in 2018 through an international tender program organized by the Ministry of Industry and SMEs, and is in line with the government’s 2030 New Energy Vision.
Hussain Al Nowais Chairman – AMEA Power
“This is a great milestone for both Tunisia and AMEA Power. Through the government’s 2030 New Energy Vision, Tunisia aims to increase the share of renewables in its energy mix to 30 percent by 2030, corresponding to an additional installed capacity of approximately 4GW. AMEA Power is proud to support Tunisia in achieving this grand vision and contribute to reducing the country’s carbon footprint. AMEA Power continues to grow, and today we are proud to be present in 15 countries, with a total capacity of about 2,000MW of renewable energy projects in operation, under construction and in development.”
The project has a planned production of nearly 223,171 MWh of power per year, saving more than 113,525 metric tons of CO2 emissions annually and its construction is expected to begin by the end of this year.
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