AMEA Power achieves financial closure for 120 MW Doornhoek solar pv project

AMEA Power has achieved financial close on the 120 MW Doornhoek Solar PV Project in South Africa, with a substantial investment of $120 million. AMEA partnered with Ziyanda Energy and Dzimuzwo Energy, and received debt funding from Standard Bank South Africa and equity funding from Industrial Development Corporation. The project is poised to generate 325 GWh of clean energy annually. With plans to power 97,000 households and offset 330,000 tonnes of carbon emissions.