November 22, 2019 Read More →

Ivory Coast, IFC sign deal for 60MW of new solar

PV Magazine:

The government of Côte d’Ivoire and World Bank private sector arm the International Finance Corporation (IFC) have signed an agreement for two large-scale solar projects, with a combined generation capacity of 60 MW.

The IFC said in a press release the plants will be developed as public-private partnership projects and will contribute to the country’s plan to deploy 400 MW of solar by 2030. The facilities will be developed under the World Bank’s Scaling Solar program, said the IFC.

“Under the agreement with Côte d’Ivoire, Scaling Solar will support the development, tendering and financing of two utility projects in the country,” read the press release. “The country has West Africa’s third largest electrical system, with an installed generation capacity of 2,200 MW.”

Other utility-scale PV projects under development in Côte d’Ivoire include 66 MW and 25 MW facilities in Korhogo, in the northern Poro region and a 37.5 MW project in Boundiali department, in the northwest.

The Ivory Coast has one of the highest access rates to electricity in Africa, at around 62%, and it exports power to neighbors including Burkina Faso, Ghana, Guinea, Liberia and Sierra Leone. Some 60% of the nation’s power comes from thermal plants and 40% from hydropower.

More: Côte d’Ivoire gets World Bank support for 60 MW of solar

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