PRESS RELEASE: AMEA Power’s Concession Agreement and Power Purchase Agreement have been ratified by the government of Tunisia for a 100MW solar power project in Kairouan

Dubai, UAE March 3rd, 2022 AMEA Powers Concession Agreement and Power Purchase Agreement were yesterday ratified by the government of Tunisia for a 100MW solar project in Kairouan.

Her Excellency, Najla Bouden Romdhane, Head of Government of Tunisia; Her Excellency, Neila Nouira Genji, 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.

In December 2019, a consortium formed by AMEA Power and TBEA Xinjiang New Energy Co., Ltd. was awarded the 100MW solar power plant, which will be located in Kairouan in Tunisia. This project was part of the first round of solar projects under the concession regime, launched through an international tender program by the Ministry of Industry and SMEs in Tunisia in 2018, and is aligned with the government’s 2030 New Energy Vision. The construction of the solar power plant is expected to begin by the end of this year.

The project has a planned production of nearly 223,171 MWh of power per year, saving more than 113,525 metric tonnes of CO2 emissions on an annual basis.


Following the ceremony, AMEA Powers Chairman, Hussain Al Nowais commented: This is a great milestone for both Tunisia and AMEA Power. Through the governments 2030 New Energy Vision, Tunisia aims to increase the share of renewables in its energy mix to 30% by 2030, corresponding to an additional installed capacity of approximately 4GW. AMEA Power is proud to be able to support Tunisia in achieving this grande vision, and to contribute to reducing the countrys 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.

About AMEA Power

Headquartered in Dubai, AMEA Power acquires, develops, owns and operates clean 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, Tunisia, Burkina Faso, Egypt, Morocco, Chad, Mali, Kenya, Uganda and Ethiopia. In 2021, the company commissioned three renewable energy projects; 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 fastestgrowing renewable energy Independent Power Producers (IPPs), with additional projects set to achieve financial close imminently. For more information, please visit:
www.ameapower.com

For further information, please contact:
Barbro Ciakudia | Manager Business Development and CSR |
Email:
Barbro.ciakudia@ameapower.com | Mob: +971 56 412 1756