A 25-year Power Purchase Agreement (PPA) and a concession agreement for a 50 MW PV solar facility have been signed by the government of Côte d’Ivoire.
The 50 MW project will help Côte d’Ivoire achieve its goals for clean energy by producing more than 85 GWh of clean energy annually, which is enough to power about 350,000 people. The project is being fully constructed by AMEA Power using a build-own-operate-transfer (BOOT) model for a total investment of about $60 million.
The project will be the first solar Independent Power Project (IPP) in Côte d’Ivoire and will be located in the city of Bondoukou in the north-eastern region of Gontougo, located 420 km northeast of Abidjan.
The offtaker for the project will be Compagnie Ivoirienne d’Electricité, which is responsible for the electrical network throughout the country.
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.
The concession agreement was signed by Mamadou Sangafowa-Coulibaly, Minister of Mines, Petroleum, and Energy of the Ivory Coast, and Hussain Al Nowais, Chairman of AMEA Power.
Al Nowais said they are proud to support Côte d’Ivoire’s efforts to meet its clean energy ambitions, which will deliver investment, job creation, and sustainable development. “The country 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 deal 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,” said Al Nowais.
The company is also at the helm of the largest solar plant in West Africa as it extends the Mohammed Bin Zayed Solar Power Plant in Togo from 50 MW to 70 MW. That plant will be supported by battery storage to extend the availability of clean energy at night.
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.
