+27 71 448 3496
leon@whyafrica.co.za

Côte d’Ivoire signs its first IPP for solar power

Share Article
Mamadou Sangafowa-Coulibaly, Minister of Mines, Petroleum and Energy of Côte d'Ivoire (left) and Hussain Al Nowais, Chairman of AMEA Power, signed Côte d'Ivoire’s first solar Independent Power Project (IPP) in Abu Dhabi, in the United Arab Emirates yesterday in the presence of Tiemoko Meyliet Koné, Vice President of Côte d'Ivoire (centre). Image credit: AMEA Power

Côte d’Ivoire signs its first IPP for solar power 

Côte d’Ivoire signed its first solar Independent Power Project (IPP) in Abu Dhabi, in the United Arab Emirates yesterday. 

Middle Eastern renewable energy company AMEA Power has signed a concession agreement and 25-year Power Purchase Agreement (PPA) with the Government of Côte d’Ivoire for a 50MW solar PV project in the country.

The solar plant will support Côte d’Ivoire’s renewable energy ambitions by generating more than 85GWh of clean energy per year, enough power for more than 350,000 people.  

The signing ceremony took place on the sidelines of Abu Dhabi Sustainability Week in the presence of Tiemoko Meyliet Koné, Vice President of Côte d’Ivoire, and was signed by Mamadou Sangafowa-Coulibaly, Minister of Mines, Petroleum and Energy of Côte d’Ivoire and Hussain Al Nowais, Chairman of AMEA Power.

The project is located close to the city of Bondoukou in the north-eastern region of Gontougo, about 420km northeast of Abidjan.

At a total investment of close to USD60-million, the solar project is being fully developed by AMEA Power under a Build-Own-Operate and Transfer (BOOT) model and will generate more than 85GWh of clean energy per year.

Government entity Compagnie Ivoirienne d’Electricité will be responsible for the electrical network throughout the country.

Government intends increasing renewables (Côte d’Ivoire signs its first IPP for solar power)

As part of its strategic plan, the Government of Côte d’Ivoire aims to raise the share of renewable energy in the country’s electricity generation mix to 42% by 2030.

According to Hussain, Côte d’Ivoire is undergoing an economic and social transition, which will be driven by the development of clean energy and is reflective of the broader continent.

“AMEA Power has a proven track record of delivering projects in West Africa. The region has a great amount of untapped potential for renewable energy and green hydrogen. As AMEA Power expands its investments across Africa, we will work in partnership with governments, businesses, and local communities to develop projects,” says Hussain.

AMEA expands across Africa (Côte d’Ivoire signs its first IPP for solar power)

In November 2022, AMEA Power announced that it will be creating the largest solar plant in West Africa by extending the Mohammed Bin Zayed Solar Power Plant in Togo from 50MW to 70MW, which will be supported by battery storage to extend the availability of clean energy at night.

The Company is also finalising the construction of a solar project in Burkina Faso and developing a solar project in Mali.

According to Hussain, AMEA Power is rapidly expanding its investments in wind, solar, energy storage and green hydrogen, demonstrating its long-term commitment to the global energy transition. The Company has clean energy pipeline of over 6GW across 20 countries.

Côte d’Ivoire signs its first IPP for solar power 

WhyAfrica specialises in the sustainable utilisation of natural resources in Africa. We publish bi-weekly newsletters (24 per year), four magazines per year, and paid for research reports in the mining, agriculture, energy, infrastructure, water management, tourism, and environmental management sectors with a special focus on Environmental and Social Governance (ESG), biodiversity risk, conservation, the African Continental Free Trade Agreement, the political economy of Africa, Pan African institutions, climate change and how geopolitics affect the people of Africa.  

WhyAfrica readers and followers can now become members of WhyAfrica. Having membership for one year allows you access to valuable business intelligence and insight about projects, investments, the sustainable utilisation of natural resources and the political economy of Africa. 

WhyAfrica members will be able to publish their own story on the WhyAfrica website and on all its social media platforms (corporate members pay more but can publish four articles per year). 

WhyAfrica members will also receive four updated reports per year about developments across Africa in the mining, agriculture, energy, infrastructure, water management, ESG, environmental management and tourism sectors, as well as the “WhyAfrica Hawks Eye” Africa outlook report for 2023. 

In addition, WhyAfrica members will receive an exclusive report with video clips and images about the projects and countries we visit during our annual WhyAfrica Road Trip (in 2023 we will visit the Limpopo Province of South Africa, Zimbabwe or Botswana, Zambia, DRC, Malawi, Tanzania and Kenya). 

Members will also have an opportunity to join us on certain parts of the road trip and will be eligible for a huge discount to attend the WhyAfrica networking events before the road trip departs in Johannesburg, South Africa in July, and about halfway through the trip in Dar Es Salaam, Tanzania in August.  

One of WhyAfrica’s goals is to identify the opportunities and challenges in Africa, and at the same time, to stay informed about how geopolitics and the changing political economies in Africa affect your business. As a member you will have access to all this business intelligence. You can now register and pay to become a member by simply clicking on the following link: https://www.whyafrica.co.za/product/membership/

https://www.whyafrica.co.za/product/membership/

WhyAfrica promotes Africa as an investment and travel destination, analyses the continent’s business environment and investment opportunities, and reports on how the politics of African countries affect their development

WhyAfrica provides you with business intelligence that matters. Africa is our business, and we want it to be yours too. Subscribe here to WhyAfrica’s free newsletter and digital magazine. When it comes to natural resources in Africa, we cover all angles.

To subscribe to WhyAfrica’s free newsletters and digital magazines, click on the link https://www.whyafrica.co.za/subscribe/

https://www.whyafrica.co.za/subscribe/

For more news about Africa, visit our website at www.whyafrica.co.za 

 Côte d’Ivoire signs its first IPP for solar power

Share Article

Sectors

AgricultureEnvironmental Management & Climate ChangeEnergyESGInfrastructureMiningPolitical EconomyTourism and ConservationWater Management