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AMEA Power And SPIC HHDC Signs MoU To Develop RE Projects In MENA Region

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AMEA Power And SPIC HHDC Signs MoU To Develop RE Projects In MENA Region

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AMEA Power and SPIC Huanghe Hydropower Development Company (HHDC) signs an MoU to develop solar, green hydrogen, and wind projects in the MENA region.

AMEA Power is a fast-growing developer, owner, and operator of renewable and thermal power projects across Africa, the Middle East, and Asia. The company is creating innovative and tailored solutions aimed at meeting the growing needs of the markets it serves.

Mohamed AlNowais, managing director of AMEA Power said, “We are delighted to announce the signing of this significant agreement, which reinforces the commitment of both AMEA Power and HHDC towards carbon reduction. AMEA Power continues to grow and today we are proud to be present in over 15 countries, with a total capacity of about 2,000MW of solar and wind projects in operation, under construction, and in development. This agreement is a great milestone for AMEA Power as we are expanding into green hydrogen production, which is a key component of decarbonization strategies.”

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“We are delighted to sign the MoU with AMEA Power to cooperate on the development of clean energy and green hydrogen projects in MENA region. HHDC is a clean energy enterprise committed to strengthening green international cooperation and promoting global low-carbon transition, with a total installed capacity of about 27.3GW, and renewable energy accounts for about 90 percent. We look forward to a close collaboration with AMEA Power on initiatives to boost the development of renewable energy and green hydrogen production in MENA region,” said Yu Miao, deputy general Manager of HHDC.

HHDC heavily depends on renewables and it has 90.4% of clean energy capacity. By the end of the year 2021, the company had 8.41 GW of solar energy projects, a 4.74GW capacity of wind, and an 11.54GW capacity of hydropower.

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