Aysha Wind Power Project: Ethiopia Powers Up with Horn of Africa's Largest Onshore Wind Farm
Amen Getahun
Ethiopia's Ministry of Finance and AMEA POWER, a Dubai-based renewable energy company have signed a landmark agreement to build the Horn of Africa's largest 300 MW Onshore Wind Project, the Aysha Wind Power Project. With an investment of USD 600 million, this project is expected to generate 1.22 Tera-Wh of electricity annually upon completion. This will significantly contribute to Ethiopia's power generation capacity and help meet the country's growing demand for electricity.
The Aysha Wind Power Project will be located in Ethiopia's horn of Africa region and will span an expansive 18,000 hectares, the MOF disclosed. The project is expected to create approximately 2,000 jobs during the construction and operations phases, benefiting the local economy.
"The Aysha Wind Power Project will be implemented with strong government-to-government support by AMEA Power, a prominent private sector player," remarked Ahmed Shide, Minister of Finance of Ethiopia. Abebe Gebrchiwot of the PPP Directorate added, "This project represents a major stride in our journey towards increasing clean energy production, providing sustainable electricity to our people, and driving economic growth and job creation in the region."
Ethiopian Electric Power (EEP) and the Ministry of Finance are actively collaborating to capitalize on the region's abundant wind resources, paving the way for clean and sustainable electricity to meet the growing demands of Ethiopia's populace.The signing of this agreement with AMEA POWER signifies the Ministry of Finance's determination to attract private investments and boost the share of renewable energy in Ethiopia's power mix.