PRESS RELEASE: AMEA Power and Dii Desert Energy strengthen their cooperation to accelerate the energy transition in Africa, the Middle East and Asia and fast track emission-free energy projects.
We are thrilled to announce that AMEA Power is Lead Partner of Dii Desert Energy, an industry initiative and international network for the energy transition in the Middle East and North Africa (MENA).
AMEA Power has a successful track record as a power developer and investor across Africa, Middle East and Asia. AMEA Power is constantly adapting to technological advances in the sector of green technologies and has the primary aim to lead the energy transition, we currently face globally, in an effort to help countries, and corporates, achieve their green goals. AMEA Power has diversified interests not only in its core focus of solar and wind, but also in battery storage, carbon credits and green desalination, hydrogen and ammonia.
In the present global climate actions and the current geopolitical context in Europe, the MENA region has the best cards for becoming the most important green energy Powerhouse globally through international green energy trade. The region has among the world’s best solar and wind resources, availability of land for large scale projects as well as significant funding availability. The complementarity of the abundant renewable energy resources allows a high-combined capacity factor and lower costs for green hydrogen production. Furthermore, the advanced export infrastructure and central location to energy demand markets (e.g. Europe, East Asia) alongside local capabilities with a highly qualified workforce in the Oil & Gas sector, can be repurposed for the use of hydrogen. The green molecules complement and accelerate the ‘green electrons’ revolution to ‘defossilize’ our economies as well as to create local industries, jobs and other benefits.
The international industry, united in Dii Desert Energy and its Desertec3.0 approach is supporting regional governments and joining forces with project leaders such as AMEA Power to accelerate the energy transition along the energy value chain. We eco the urgent message by the Intergovernmental Panel on Climate Change (IPCC) to hurry up with the energy transition as cheaper, renewable solutions provide green jobs, energy security and greater price stability.
Cornelius Matthes, CEO of Dii Desert Energy: ‘We are thrilled to welcome AMEA Power as Lead Partner of Dii Desert Energy and having Hussain Al Nowais join Dii’s Advisory Board. Dii has always been a focused group of ‘doers of projects’. AMEA Power has an impressive track record of achievements in Africa and Middle East and we are looking forward to working together on further projects, including green hydrogen’.
Hussain J. Al Nowais, Chairman of AMEA Power: ‘AMEA Power is proud to establish itself as a lead partner of Dii Desert Energy. With our joint leadership and expertise, we are confident that the implementation of activities attributing towards the energy transition within our geographic areas of focus can come to fruition at a more rapid and efficient rate than ever before. AMEA Power is committed to continually providing long term, reliable and cost effective, renewable and green energy solutions to support the decarbonization of the economy’.
About Dii Desert Energy & the MENA Hydrogen Alliance
Dii Desert Energy is an independent, international network operating from Dubai. Dii was launched in 2009 as an industry initiative in Germany (formerly known as ‘Desertec Industrial Initiative’) for accelerating the energy transition in the MENA region towards the supply of green electrons and molecules across the regional and global energy value chains. Our group is encouraging sustained prosperity and stability in the region through local value creation and jobs thanks to the energy transition. This has been established in the market as Desertec 3.0.
In early 2020, Dii launched the MENA Hydrogen Alliance to kick start green hydrogen economies and to provide a platform to discuss pathways forward and formulate joint studies. The Alliance acts as an impartial advisor to promote projects, elaborating business cases and structures for mid-scale to giga-scale projects. It proposes the necessary policy and regulatory frameworks, identifies international off-takers and educates different stakeholders on technical and economic aspects of the entire value chain, including virtual and physical export of green energy. Dii’s platform of more than 60 companies and organizations from over 25 countries is mobilizing top executives, public stakeholders, R&D institutions and academia supporting Our Mission: No Emissions!
Contact:
Valeria Aruffo, Director External Relations
E: valeria@dii-desertenergy.org | T: +39 349 53 83 750
Tags: #DiiDesertEnergy #OurMissionNoEmissions #Desertec3.0
www.dii-desertenergy.org
About AMEA Power
Headquartered in Dubai, AMEA Power acquires, develops, owns and operates renewable power generation assets in Africa, the Middle East and Asia. The company has built a strong pipeline across technologies and at different stages of development in emerging markets. AMEA Power is led by a highly experienced international team with a proven track record in the power sector.
AMEA Power has renewable energy projects in operation and late stage developments in over 15 countries, including Jordan, Togo, Egypt, Morocco, Tunisia, Chad, Mali, Kenya, Uganda and Ethiopia. Last year, the company commissioned a 50MW solar power plant in Togo, a 50MW wind project and a 50MW solar power plant in Jordan.
Since its inception, AMEA Power continues to be on track to become one of the fastest-growing renewable energy Independent Power Producers (IPPs), with additional projects set to achieve financial close imminently.
Contact:
Sultan Rasoul
E: sultan.rasoul@ameapower.com | T:+971565016324
Tags:
https://www.ameapower.com/
Instagram: @ameapower
Twitter: @AmeaPower
Linkedin: https://www.linkedin.com/company/ameapower