- Infinity Power and the Government of Côte d’Ivoire have entered into two concession agreements for landmark solar photovoltaic (PV) projects, as part of the World Bank’s Scaling Solar Programme.
- This milestone marks the company’s first collaboration with Côte d’Ivoire’s government and CI Energies.
- The winning bids stood at €0.03310/kWh for the site in Laboa and €0.03213/kWh for a site in Touba.
- These tariffs are a new record for the lowest solar independent power producer tariffs in West and Central Africa.
The projects will consist of two solar PV plants with a combined capacity of 80 megawatts (MW) in Touba and Laboa, alongside the construction of 17 kilometres of power transmission lines which are critical for integrating the new plants into the national grid. Once operational, these plants will provide electricity to over 400,000 Ivoirian consumers, significantly enhancing energy access and security across the country.
Côte d’Ivoire’s Ministry of Mines, Petroleum, and Energy and the Ministry of Finance and Budget, represent the State as the granting authority. The tender process was overseen by Cote d’Ivoire’s Directorate General for Energy and CI Energies. The International Finance Corporation (IFC) acted as a key advisor and consultant to the government throughout the process, playing an instrumental role in ensuring the successful design and execution of the initiative.
H.E. Mamadou Sangafowa-Coulibaly, Minister of Mines, Petroleum and Energy of Côte d’Ivoire, commented: “These projects have three key objectives: to increase our production capacity, to strengthen our energy resilience, and to create local job and investment opportunities. These projects represent a significant step towards meeting our climate commitments by 2030.”
Author: Bryan Groenendaal
