Ivory Coast to get first large solar PV plant
Coast AMEA Power has announced a new concession agreement and 25-year power purchase agreement with the Government of Ivory Coast.
Image source: Energy & Utilities
UAE, Dubai: Coast AMEA Power has announced a new concession agreement and 25-year power purchase agreement with the Government of Ivory Coast for the development of a 50 MW solar PV project.
A signing ceremony took place during Abu Dhabi Sustainability Week, in the presence of Tiemoko Meyliet Koné, Vice President of Ivory Coast.
The project will be the first solar power project in Ivory Coast, located in the city of Bondoukou in the north-eastern region of Gontougo, 420 km northeast of Abidjan.
At a total investment of around $60 M, the project is being fully developed by AMEA Power and it will generate more than 85 GWh of electricity per year, enough power for around 350,000 people.
The off taker for the project will be Compagnie Ivoirienne d’Electricité, responsible for the electrical network throughout the country.
As part of its strategic plan, the Government of Ivory Coast aims to raise the share of renewable energy in the country’s electricity generation mix to 42 % by 2030.
“Ivory Coast is undergoing an economic and social transition, which will be driven by the development of clean energy and is reflective of the broader continent,” said Hussain Al Nowais, Chairman of AMEA Power.
Dubai-based AMEA Power has a growing record of renewable power projects in West Africa. The company is expanding a portfolio of wind, solar, energy storage and green hydrogen projects throughout the continent, with a clean energy pipeline of over 6 GW across 20 countries, according to a company statement.
Source: Energy & Utilities
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