Will IPPs build solar power plants in Ivory Coast?

The selected IPPs will build solar power plants capable of delivering 60 MWp to the national grid in Ivory Coast. The solar plants are being built under the “Scaling Solar” program, an IFC initiative to leverage public-private partnerships (PPPs) for the rapid construction of solar power plants in developing countries, particularly in Africa.

Which companies are developing solar power plants in Ivory Coast?

The Egyptian company Elsewedy Electric is also among the potential developers of the Laboa and Touba solar plants. The same goes for Infinity Power Holding and Nareva Holding, the subsidiary of the Moroccan group Al Mada. The selected IPPs will build solar power plants capable of delivering 60 MWp to the national grid in Ivory Coast.

When will Ivory Coast's solar power plants be built?

The minister said that contracts are currently under review for the construction of other solar power plants, with a cumulative capacity of 600 MW. 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.

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.

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.

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.