Mohamed AlNowais, Managing Director of AMEA Power, and Yu Miao, Deputy General Manager of HHDC signed the Memorandum of Understanding (MoU), during a ceremony that took place in the China Pavilion during Expo 2020 in Dubai.
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 decarbonisation strategies. We look forward to working closely with HHDC on initiatives to drive the development of solar, wind and green hydrogen projects across MENA region.”
Yu Miao, Deputy General Manager of HHDC said, “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%. 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.”
About AMEA Power
Headquartered in Dubai, AMEA Power is a developer, 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 other emerging markets. 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.
Since its inception, AMEA Power continues to be on track to become one of the fastest–growing renewable energy Independent Power Producers (IPPs), with additional projects set to achieve financial close imminently. For more information, please visit: www.ameapower.com
About SPIC Huanghe Hydropower Development Co., Ltd.
SPIC Huanghe Hydropower Development Co., Ltd. (HHDC), is a comprehensive energy company under the State Power Investment Corporation Limited (“SPIC”) in China. Established in October 1999, HHDC focuses on the development, investment and O&M of renewable energy projects, including hydro, solar, wind, green hydrogen, and integrated smart energy. By the end of 2021, the installed capacity of HHDC was 27.31GW, including hydro (11.54GW), solar (8.41GW), wind (4.74GW) and thermal (2.62GW) projects.
With the corporate mission of being a clean energy developer and provider, the share of renewable energy projects of HHDC accounts for about 90.4%. Moreover, by accumulating experience in PV industry for over 12 years, HHDC has formed a complete PV industrial chain, starting from production of polysilicon, wafers, solar cells and solar modules, to system integration, construction and O&M of solar PV power stations.
with a complete PV industrial chain