AMEA Power, one of the fastest-growing renewable energy companies, signs Power Purchase Agreements (PPAs) to develop largest solar PV in Africa and first utility-scale battery energy storage system in Egypt.
After the successful development of the 500MW Abydos Solar PV Project, AMEA Power has been awarded two new landmark renewable energy projects in Egypt. The first project, a new 1,000MW solar PV power plant with a 600MWh BESS in the Benban area, Aswan Governorate, will mark a historic milestone as the largest Solar PV and BESS project in Africa. The second project, a 300MWh BESS, is an expansion of the company''s existing 500MW Abydos solar PV power plant currently under construction in Kom Ombo, Aswan Governorate. The project will pioneer the first-ever use of a utility-scale BESS solution in Egypt.
AMEA power has signed PPAs with the Egyptian Electricity Transmission Company for both projects. The signing ceremony held on Thursday, September 12th, 2024, was attended by H.E. Dr. Mostafa Madbouly, Prime Minister of Egypt; H.E. Dr. Mahmoud Esmat, Minister of Electricity and Renewable Energy; and H.E Mariam Al Kaabi, UAE Ambassador to Egypt. From AMEA Power, Mr. Hussain Al Nowais, Chairman; Aqueel Bohra, Chief Investment Officer; Samir Nacef, Senior Director, Project Development; Tina Blazquez-Lopez, Head of Legal; Khaled Arfien, Senior Manager, Business/Project Development; and Ahmed Hafez, Country Manager were also in attendance.
With a combined investment of US$800 million, these projects emphasize AMEA Power''s commitment to supporting Egypt''s clean energy transition and highlights the country as a strategic market for its future growth. The projects are expected to create approximately 2,500 jobs during peak construction and will provide clean, renewable energy to over 769,800 homes, offsetting more than 2,347,000 tons of carbon emissions annually.
AMEA Power''s projects in Egypt now includes:
This substantial investment in renewable energy, will not only increase Egypt''s energy security and diversification but also contribute to the country''s ambitious clean energy goals. Once commissioned, both projects will contribute to supporting the country, given the recent prolonged power outages in Egypt. AMEA Power is proud to play a vital role in supporting the country''s transition to a sustainable future.
AMEA Power will continue to work closely with the local communities as part of its commitment to socio-economic development and will undertake key social initiatives under its ''Community Investment and Development Programs''.
Headquartered in Dubai, AMEA Power is a developer, investor, owner and operator of renewable energy projects. As one of the fastest-growing renewable energy companies in the region, AMEA Power has assembled a world-class team of industry experts to deliver projects across Africa, the Middle East, and emerging Asia. With projects in 20 countries, a 6GW+ project pipeline, and 1,600MW+ in operation and under/near construction, the company is rapidly expanding its investments in wind, solar, energy storage, and green hydrogen, demonstrating its long-term commitment to the global energy transition.
Landline: +971 (0) 4 310 7050
For more information, please visit:
Dubai, United Arab Emirates; December 16, 2019: AMEA Power (a subsidiary of Al Nowais Investments []
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Egypt is exploring the potential of energy storage through batteries to combat our electricity oversupply problem: As Egypt continues to suffer from a major oversupply of electricity, the country is in need of new ways to tackle the issue. Electricity oversupply has become a global problem as more renewable energy enters the market and countries fall into the trap of temporary overgeneration. In Egypt, this isn''t just a short-term, temporary issue: According to one estimate, the country has almost twice the generation capacity as peak summer consumption, a glut that has led to limits being placed on renewable energy generation, putting the country''s renewable energy targets at risk.
One potential solution being floated: Storage batteries. Recent reports in local media have raised speculation that the government may be considering utility-scale batteries as a potential solution for storing excess power and smoothing the integration of wind and solar-generated electricity into the national grid. Lithium-ion batteries — like the ones your phone uses — are now being upscaled by companies abroad, which are building energy storage facilities capable of providing power to thousands of homes. These systems can be charged by electricity produced from any energy source, while intelligent battery software is being developed that assesses the level of demand and power generation and releases power to the grid accordingly.
This makes them especially handy for integrating renewable energy sources into the energy mix: Battery storage technology has a key part to play in ensuring electricity is still available from renewable energy sources whose supply is variable and unpredictable. By deploying storage solutions, it is possible to ensure that the electricity continues to flow even on cloudy days and when the wind drops.
But utility-scale lithium batteries remain rare and are confined to a few areas of the world, namely the US and Europe. Vistra Energy''s 400 MWh Moss Landing Power Plant in California is capable of powering 300k homes, and until the end of last year was the largest facility of its kind in the world when it was overtaken by a 409 MWh plant in Florida. China is also getting serious about the technology and plans to have 30GW of storage capacity by the middle of the decade and 100GW by 2030.
Egypt is studying whether the technology could be part of a strategy to turn oversupply into a competitive advantage, and a council made up of several ministries is being set up to assess whether it can be deployed, Electricity Ministry Undersecretary Ahmed Mahina told Enterprise.
But so far there haven''t been any talks: Local press reports earlier this month said that Tesla, one of the key players in this space and producer of the 3 MWh Megapack battery, was in talks with the government to provide its storage technology, a claim Mahina denied when we asked.
Egypt has been looking at a number of ways to store electricity as part of its ambitions to grow renewable energy capacity to cover 42% of the country''s electricity needs by 2030. These include upgrading its power grid and incorporating pumped-storage hydroelectricity stations to help store electricity for future use.
But storage batteries aren''t likely going to be a solution
#1- Financial viability is a big issue: Everyone we talked to emphasized the costs involved, which will likely be prohibitively expensive and not cost competitive at this stage of the technology''s development, especially if it is to be implemented at a large scale. Costs in developed countries are falling rapidly, but this varies from country to country and depends on a number of factors such as the price tag of electricity usage and operational costs of plants, Stantec Team Lead Ashraf Zeitoun told Enterprise. For energy storage to be considered as an alternative to traditional electricity consumption methods, the costs would have to be in a similar range, he said.
#2- The tech is still in its infancy and it''s going to be a long time before it''s adopted at the necessary scale: Battery storage technology is still in a nascent stage and is still more than a decade away from being available at scale, Matthew Jones, lead analyst for EU Power at ICIS, told Reuters.
Early adopters have faced problems and technological malfunctions have hampered even the biggest of projects. The Moss Landing plant has suffered two battery meltdowns over the past five months which caused the entire plant to go offline, one as recent as last week.
#3- This kind of technology isn''t going to help us combat the oversupply problem, an industry source that asked to be anonymous told Enterprise. Countries that are rolling this tech out either experience a deficit of electricity at certain times (such as winter) or they are increasing their dependence on renewable energy sources and need battery storage to move in this direction efficiently, he explained.
At the moment, we simply don''t need it: We''re still "very very far from the need to look at battery storage" due to the low penetration of renewables in our energy mix, Ahmed Zahran, CEO of KarmSolar, told us. The driver still isn''t there large-scale, and "without having an understandable driver, we won''t be able to properly develop policies or a regulatory framework to ensure there is effective adoption," the industry source added.
but we will eventually: "It''s a question of when not if" as Egypt continues to transition towards renewable energy, Zeitoun said. Battery storage will be a necessary technology once renewable energy accounts for 40-50% of the energy mix, Zahran said, who said that it could be done in less than 10 years provided the government reforms the energy market.
For now, battery storage could be a viable solution in remote locations that are costly to connect to the national grid, Ehab Ismail Amin, the planning department manager at the New Renewable Energy Authority (NREA), told Enterprise. These areas could have a renewable energy system in place that utilizes battery storage to ensure that there is electricity all day long, he said.
If battery storage isn''t a solution then what is? "Rehabilitation of our energy infrastructure, especially our distribution and transmission networks is necessary," our source believes. While Egypt made impressive improvements on the generation side in recent years, the distribution network often can''t handle the high volume of electricity leading to "voltage bottlenecks" which limits the power transfer capability of our national grid, they added.
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