Energy Library

Theme(s): Renewable Energy

Source: UAE

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.