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Blended finance vehicle the Emerging Africa & Asia Infrastructure Fund has committed $29m to Côte d'Ivoire's largest-ever solar power project. The project is one of several awarded under a new national IPP framework, as Abidjan looks to greater on-grid renewable capacity and increased imports from new interconnections to meet sharply.
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.
The recently inaugurated solar plant in Boundiali, Ivory Coast. Image Source: RMT, Eiffage Energie Système A new solar plant that can supply electricity to up to 35,000 homes has been inaugurated in Côte d'Ivoire. Located in Boundiali in the north of the country, the plant has already been providing up to 37MW of power since June 2023.
“The solar power plant is regarded as a model project for the expansion of solar energy in Côte d'Ivoire. It is an important contribution to the fight against climate change and a decisive step towards increasing the share of renewable energies in the country's electricity supply to 45% by 2030,” said KfW.
Located in Boundiali in the north of the country, the plant has already been providing up to 37MW of power since June 2023. It was officially launched this week by Ivorian Prime Minister Beugré Mambé and German Parliamentary State Secretary Bärbel Kofler.
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