UAE’s AMEA Power will invest USD 800 mn to develop two renewable energy projects in Upper Egypt after inking new purchase power agreements (PPAs) with the Egyptian Electricity Transmission Company (EETC) on Thursday, 12.09.2024.
The agreements will see AMEA develop a 1 GW solar power plant with 600 MWh battery storage system in Benban — expected to be Africa’s largest — and add 300 MWh of battery storage to its existing 500 MW Abydos solar power plant currently under construction in Kom Ombo.
The two projects will provide renewable energy to over 769.8k homes, offsetting more than 2.3 mn tons of carbon emissions annually, and are expected to create around 2.5k jobs during peak construction.
