AMEA Power plans to build green hydrogen facility in Kenya

Dubai-based renewable-energy company, AMEA Power, plans to build a green hydrogen facility in the Kenyan port of Mombasa in what would be a first for the East African country.

“Let’s start with one gigawatt and see how the world is going before I start committing billions and billions of dollars,” AMEA’s chairman Hussain Al Nowais said in an interview at the Africa Climate Summit in Nairobi on Wednesday.

The family-owned company is also exploring the possibility of setting up a hydrogen plant in Djibouti, which is located close to the key shipping channel, the Suez Canal.

AMEA Power, backed by a $4.5 billion commitment from the United Arab Emirates to bolster renewable energy in Africa, has sold a nine percent stake in the company to SoftBank Group Corp. for $75 million.