5. AMEA Power

Established: 2016

Headquarters: U.A.E.

Chairman: Hussain Al Nowais

In August 2023, Dubai-based renewable energy corporation AMEA Power signed a 25-year power purchase agreement with the Government of Djibouti for a 25 MW solar photovoltaic project with battery storage. This project will enable Djibouti to reach its goal to reduce its CO2 emissions by approximately 40% by 2030. In November 2022, AMEA Power completed a $1.1 billion deal to deliver one GW in renewable energy projects in Egypt, including 500 MW of wind and 500 MW of solar projects. In December 2022, the company won a 120 MW solar photovoltaic project in South Africa. AMEA Power is a majority shareholder in this $120 million project.

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