Who owns Djibouti's electricity?
The electricity produced will be sold to the state-owned company Électricité de Djibouti (EDD) under a power purchase agreement (PPA). Djibouti’ has set an ambitious target for renewable energy and Amea Power is pleased to help the nation increase the share of renewable energy in its electricity mix.
What is Djibouti's new solar project?
The project will be the first solar Independent Power Project (IPP) in Djibouti and will be located in Grand Bara, south of Djibouti City. The solar project is being fully developed by AMEA Power under a Build-Own-Operate and Transfer (BOOT) model and will generate 55 GWh of clean energy per year, enough to reach more than 66,500 people.
Why is AMEA power supporting Djibouti?
Hussain Al Nowais, Chairman of AMEA Power, said: “AMEA Power is proud to reach this milestone and to be supporting Djibouti in its energy transition journey. East Africa is an important market for AMEA Power, as it is a region with immense potential for the development of clean, reliable, and affordable energy.”
Does Djibouti have geothermal power?
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. About AMEA Power
How can Djibouti improve electricity cost and access?
To reduce electricity costs and expand access in Djibouti, important measures include regulatory reform; increasing generation capacity, especially considering renewables; regional integration of the Djiboutian transmission grid; and expansion of transmission and distribution of electricity.
Is AMEA power signing a long-term PPA with Djibouti?
The PPA being signed. Image: Amea Power. UAE-based renewable energy developer AMEA Power has signed a long-term PPA with the national utility of Djibouti for a 25MW solar PV plus battery storage unit. AMEA Power announced the signing of the power purchase agreement (PPA) with Electricité de Djibouti (EDD) today (29 August).
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