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Why did Ivory Coast Open a 37.5 megawatt solar power plant?
Ivory Coast officially opened a 37.5 megawatt (MW) solar power plant on Wednesday in what the government said was the first step of a plan to integrate more renewable energy into the power sector.
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.
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.
How much solar energy will Ivory Coast have in 5 years?
“In five years, the share of solar energy will be 9%,” stated Prime Minister of Ivory Coast, Robert Beugré Mambé during the power plant inauguration on April 24. Its capacity is set to expand to 80 MW by 2025, with financing for the expansion already approved by the government.
How much power does the Ivory Coast have?
Its capacity is set to expand to 80 MW by 2025, with financing for the expansion already approved by the government. The Ivory Coast currently has installed power capacity of 2,907 MW, with seven operational hydroelectric dams serving as its primary renewable energy source alongside four existing gas and oil-fired thermal power plants.
Who owns the Ivory Coast electricity company?
With 5 400 employees in 2023 and 54.02% owned by Eranove, the Ivory Coast Electricity Company (CIE) is a private provider that has been linked to the Ivory Coast's government by a concession agreement since 1990.