AMEA Power and Hidropower Partner for 125-MWp Solar Project in Mozambique

• AMEA Power and Hidropower join forces to develop a 125 MWp solar project in Mozambique, bringing clean energy to over 150,000 homes and reducing CO2 emissions by 232,900 tonnes annually.

Dubai-based renewables developer AMEA Power has partnered with Mozambique's Hidropower to develop a 125 MWp solar project in the country. The Matambo photovoltaic project is estimated to require up to $150m in investments and will be supported by Mozambique's National Investment Bank. Once operational, the project will generate electricity for over 150,000 local homes and offset around 232,900 tonnes of CO2 emissions annually. AMEA Power's CEO, Mohammad Ali Rashed Lootah, stated that Africa is a highly important strategic market for the company and they remain committed to identifying new opportunities on the continent.

What is the capacity and impact of AMEA Power's solar project in Mozambique?

• The Matambo photovoltaic project in Mozambique is a solar project developed by Dubai-based renewables developer AMEA Power in partnership with Mozambique's Hidropower.
• The project has a capacity of 125 MWp (megawatt peak), which refers to the maximum power output of the solar panels under ideal conditions.
• The project is estimated to require up to $150 million in investments, indicating the significant financial commitment involved in developing large-scale solar projects.
• Mozambique's National Investment Bank is providing support for the project, highlighting the importance of collaboration between public and private entities in advancing renewable energy initiatives.
• Once operational, the Matambo project will generate electricity for over 150,000 local homes, providing clean and sustainable energy access to a significant number of households.
• The project will also have a positive environmental impact by offsetting around 232,900 tonnes of CO2 emissions annually. This reduction in greenhouse gas emissions contributes to mitigating climate change and promoting a more sustainable future.
• AMEA Power's CEO, Mohammad Ali Rashed Lootah, emphasized the strategic importance of Africa as a market for the company. This indicates the company's long-term commitment to expanding renewable energy projects in the region and supporting the continent's energy transition.