windfarm Archives - Ethio Negari

21 Aug

AMEA Power Signs $620 Million Agreement to Build Wind Power Plant in Ethiopia

ethionegari@gmail.com0 CommentsBusiness, Environment, NewsAddisAbaba, AMEA, electricity, EthioNegari, Ethiopia, EthiopianAirlines, Ethiopianews, renewableenergy, windfarm

Ethiopia has entered into an agreement with AMEA Power, an international renewable energy company based in the United Arab Emirates, to develop a wind power project valued at $620 million. The agreement was formalized four days ago in Dubai between officials from Ethiopian Electric Power and AMEA Power. The project will be located in the Somali region of Ethiopia and will focus on the development, construction, and management of a wind power plant with a capacity of 300 megawatts in Aisha. This initiative is a significant step forward in Ethiopia’s efforts to harness renewable energy sources to meet its growing…

UAE to construct East Africa’s biggest Wind Farm in Ethiopia

ethionegari@gmail.com0 CommentsBusiness, Environment, NewsCop28, COP28UAE, Dubai, EthioNegari, Ethiopia, Ethiopianews, windfarm

The Somali region of Ethiopia is set to become home to a massive 300-megawatt wind power plant, with a projected cost of $600 million. The agreement for the construction of this wind power station was signed in side line of COP28 event by Finance Minister Ahmed Shede and the United Arab Emirates Power Company in Dubai. Located in the Aisha zone of the Somali region, this wind power plant will have the capacity to generate 300 megawatts of power.The project will be spearheaded by AMEA Power, a company based in the United Arab Emirates. Once completed, this wind farm will…

UK Commences a $6.7 million Investment in South African Wind Farms

ethionegari@gmail.com0 CommentsBusiness, Environment, NewsAfricannews, BII, Capetown, EthioNegari, Ethiopia, Southafrica, windfarm

UK’s development finance institution British International Investment (BIl) aims to help tackle South Africa’s energy crisis and accelerate economic growth. BII has been a partner to South Africa since 1995, backing 150 businesses across the country since then; current portfolio stands at $285 million. BII companies in South Africa have created 54,500 jobs a year since 2014. BII hails role of technology and digital transformation in South Africa to address inequality and accelerate growth. BII’s clean and renewable energy investment strategy aligns with the South African’s government energy priorities, announcing new investment in 140MW South African wind farms. British International…