The Minister of Electricity discusses the potential for a Chinese company to build a 50 MW solar power plant in Hadramout.
Minister of Electricity Explores Renewable Energy Investment with Chinese Company
Meeting Overview
Today, Minister of Electricity and Energy, Eng. Adnan Al-Kaf, met with representatives from a Chinese company to discuss investment opportunities in the renewable energy sector. The primary focus of the meeting was a proposed solar power project with a capacity of 50 megawatts, set to be established in the Cotton Plateau of Hadhramaut Governorate.
Investment Proposal Discussion
The meeting included a team from Maiko Yemen, along with technical advisors, who reviewed the investment proposal submitted by Henan Longxiang Company. This proposal outlined various partnership models, financing mechanisms, and implementation strategies. The Chinese company highlighted its extensive experience in executing renewable energy projects across the Middle East and Africa, showcasing the technologies and technical standards it employs.
Community Responsibility and Local Impact
During the discussions, participants addressed the project’s community responsibility aspects. They explored how the solar power plant could create job opportunities and provide training for local talent. Additionally, the project aims to enhance electricity services in surrounding areas and support various community initiatives. The proposed partnership models included different investment options, such as Build-Operate-Transfer (BOT) and Build-Own-Operate-Transfer (BOOT) systems, along with strategic partnerships involving government entities and private investors.
Vision for Renewable Energy Development
The Minister also shared the Ministry of Electricity and Energy’s vision for developing the renewable energy sector by 2030. He emphasized the potential for collaboration with the private sector and international investors to implement strategic projects across various provinces.
Government Commitment to Renewable Energy
Minister Al-Kaf reaffirmed the government’s commitment to expanding renewable energy projects and encouraging investments in this vital sector. He noted that these initiatives would enhance electricity generation capabilities and reduce reliance on traditional fuels, aligning with the country’s goals to diversify energy sources.
Next Steps
Both parties agreed to continue technical coordination and discuss project details further. They also considered forming a joint technical committee to examine the project’s technical and economic aspects and outline practical steps for moving forward.
For more updates, visit Yemen TV.
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