Abu Dhabi provides $25m to boost capacity of Togo’s Mohamed bin Zayed Solar Park – The National

  • Date: 09-Dec-2022
  • Source: The National
  • Sector:Oil & Gas
  • Country:UAE
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Abu Dhabi provides $25m to boost capacity of Togo’s Mohamed bin Zayed Solar Park – The National

The Abu Dhabi Exports Office (Adex), an agency under the Abu Dhabi Fund for Development (ADFD), has signed a Dh92 million ($25 million) financing agreement with Togo to boost the capacity of the Mohamed bin Zayed Solar Park in the West African country's Central Region.

Adex will be providing the loan and Dubai-based clean energy company Amea Power will manage the construction and operation of the 50-megawatt energy complex, Adex said on Thursday.

The solar park complex is expected to power about 225,000 households, reduce up to 9,500 tonnes of carbon dioxide emissions a year and create hundreds of jobs, Adex said.