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AMEA Power has signed a Power Purchase Agreement (PPA) and Implementation Agreement (IA) with Ethiopian Electric Power for the development and operation of a 300 MW wind energy project in Ethiopia.
The USD 620 million project, located in Aysha, Somali Region State, is expected to generate 1,400 GWh of clean energy annually, powering more than 4 million households and reducing carbon emissions by more than 690,000 tons per year.
This project was officially launched during COP28 in Dubai, where a Letter of Award (LOA) was signed between the Ministry of Finance, Ethiopian Electric Power, and AMEA Power. This followed AMEA Power’s qualification under the Public Private Partnership laws of Ethiopia.
