Dubai firm invests in $600m Ethiopian wind farm
7 December 2023
Dubai renewables developer AMEA Power has signed a deal with the Ethiopian finance ministry to invest in an 18,000-hectare wind farm in the Horn of Africa region. Set to cost $600m to build, the Aysha wind power scheme is projected to produce around 1.22 Terawatt hours electricity a year.
Building it will create some 2,000 jobs, the finance ministry said.
It added that the deal showed its “determination to attract private investments in the energy sector and increase the share of renewable energy in Ethiopia’s power mix”.
Only around 54% of Ethiopia’s population had access to electricity in 2021, according to the World Bank.
Related
-
Iberdrola to buy majority stake in Finnish power distributor Caruna
24 July 2026
-
Financing signed for largest battery storage system in Romania
24 July 2026
-
Trinasolar and Al-Raebi to explore 1.5GW solar pipeline in Yemen
23 July 2026
-
Turkey calls to 2026 renewables auction round
19 July 2026
-
Vestas acquires St Patricks Plains Wind Farm in Tasmania
15 July 2026
-
Mitsubishi Power wins contract for Saudi dual-fuel boiler project
15 July 2026


京公网安备
11010802030424号
京ICP备19046776号-2