SIGNATURE OF A DOUBLE AGREEMENT FOR THE BENEFIT OF NATIONAL ENERGY DEVELOPMENT UNDER THE HIGH PATRONAGE OF THE PRESIDENT OF THE REPUBLIC
The Head of State, Mr. Ismail Omar Guelleh, presided yesterday morning at the Palace of the Republic, a signing ceremony of two agreements dedicated to strengthening the national energy system.
The Minister of Energy in charge of Natural Resources, Mr. Yonis Ali Guedi, and Mr. Hussain Al Nowais, President of AMEA POWER, a UAE company which specializes in designing, implementing, and operating energy buildings, signed the first agreement.
This agreement establishes between the two parties, a partnership dedicated to the installation of a solar power plant in the Djiboutian locality of Grand Bara.
This project, which will cover a quarter of the nation’s energy needs, is in line with the ambitious program to provide the Republic of Djibouti with a true energy independence and sovereignty. It also supports our country’s move towards an exclusively green and entirely clean energy in the medium term.
The second agreement was signed today under the auspices of the President of the Republic, His Excellency Ismail Omar Guelleh, between the three parties, Electricité de Djibouti (EDD), the Fonds Souverain de Djibouti (FSD) and the UAE company AMEA POWER.
It establishes a legal agreement by virtue of which the Fonds Souverain de Djibouti (FSD) and the Emirati company AMEA POWER are the financial partners of the EDD through this solar power plant project of Grand Bara. The chief officials of the separate partners of this second agreement, namely the Director General of EDD, Mr. Djama Ali Guelleh, the Chief Executive Officer of the Fonds Souverain de Djibouti (FSD), Mr. Slim Feriani, and the President of AMEA POWER, Mr. Hussain Al Nowais, signed the agreement.