Will Ivory Coast get a 52 MW solar plant?

The Ivory Coast government has signed an agreement with infrastructure investor PFO Africa for the financing, construction and operation of a 52 MW solar plant. The project has been billed as the country’s largest to date.

When will Ivory Coast's solar projects be commissioned?

Commissioning of these projects will take place in 2025 and 2026. Coulibaly said the Ivory Coast’s installed solar capacity currently stands at 2,907 MW. The country is now working toward deployment targets of 3,500 MW in 2025, 5,200 MW by 2030 and 8,600 by 2040.

Where is Ivory Coast's first solar power plant located?

Ivory Coast’s first solar power plant, located in the northern town of Boundiali, was commissioned in 2022. It currently has a capacity of 37.5 MW, but Coulibaly says this is set to expand to 80 MW, with financing for the expansion already approved by the Council of Ministers.

Does Ivory Coast need fossil fuels?

By 2030, Ivory Coast has pledged to increase its share of renewable energy to 45 percent, including nine percent solar, and to reduce its greenhouse gas emissions by 30 percent. Fossil fuels however still play a key role. The West African nation recently discovered two huge oil and natural gas deposits.

How much energy does the Ivory Coast have?

It currently has a capacity of 37.5 MW, but Coulibaly says this is set to expand to 80 MW, with financing for the expansion already approved by the Council of Ministers. The Ivory Coast has vowed to reduce its greenhouse gas emissions by 32% and increase the share of renewable energy in its energy mix to more than 40% by 2030.

Who financed the Ivory Coast solar power station?

The 75.6-million-euro ($82.1-million) cost of building the solar power station was financed by Ivory Coast, a German loan and a European Union grant. "This is the result of the EU's long-standing commitment to the renewable energy sector, with almost 140 million euros since 2017," EU ambassador to Ivory Coast Francesca Di Mauro told AFP.