Amea Power Secures $72M for 50MW Ivory Coast Solar Plant
UAE-based Amea Power has achieved financial close for a $72 million, 50 MW solar photovoltaic plant in the Bondoukou region of Ivory Coast, funded by development financiers FMO
Menu
Menu
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.
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.
“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.
The US$60 million project, once completed, will be AMEA Power's first operational asset in the Ivory Coast. Bondoukou, Ivory Coast; 28th February 2025 – AMEA Power, one of the fastest growing renewable energy company's in the region, announced today, the official groundbreaking of a 50MW solar photovoltaic (PV) project in Ivory Coast.
UAE-based Amea Power has achieved financial close for a $72 million, 50 MW solar photovoltaic plant in the Bondoukou region of Ivory Coast, funded by development financiers FMO
AMEA Power is advancing construction on its 50 MW solar PV project in Ivory Coast, a significant development that moves the initiative from agreement to execution. This project is a
The country aims to increase capacity to 3,500 MW by 2025, 5,200 MW by 2030, and 8,600 MW by 2040, with the government''s ambition to establish the country as West Africa''s energy
The Ivory Coast currently has 58.2 MW of operational solar, as well as a further 149 MW under construction, according to the Africa Solar Industry Association''s (AFSIA) project database.
Announced by government spokesperson Amadou Coulibaly in April, the project will commence in the second quarter of 2024 and is expected to be operational by the third quarter of 2025.
Panel discussions will offer insights into the status of renewable energy across West Africa, including Ivory Coast, and highlight investment opportunities, especially in solar power.
AMEA Power, one of the fastest growing renewable energy companies based in the Middle East, announced today it has signed a concession agreement and 25-year Power Purchase Agreement
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...
The Bondoukou Solar PV power plant will generate 85 GWh of clean energy, powering approximately 358,000 households, and will offset more than 52,000 tons of CO2 emissions. The
The Ivory Coast has initiated multiple solar power projects to increase the share of renewable energy in the energy mix and reach universal electricity access by 2030.
PDF version includes complete article with source references. Suitable for printing and offline reading.