AMEA Power has signed a concession agreement and 25-year power purchase agreement (PPA) with the Ivory Coast government for a 50MW solar PV project.
The facility will be the first solar independent power project (IPP) in Ivory Coast and located at the city of Bondoukou in the north-eastern region of Gontougo, 420km northeast of Abidjan.
At a total investment of around $60m, the solar project is being fully developed by AMEA Power under a build-own-operate and transfer (BOOT) model and will generate more than 85GWh of clean energy per year, enough for around 350,000 people.
The offtaker for the project will be Compagnie Ivoirienne d’Electricité, which is responsible for the electrical network throughout the country.
Hussain Al Nowais, Chairman of AMEA Power, said: “AMEA Power is proud to be supporting Ivory Coast meet its clean energy ambitions, which will deliver investment, job creation and sustainable development. The country is undergoing an economic and social transition, which will be driven by the development of clean energy and is reflective of the broader continent.
“AMEA Power has a proven track record of delivering projects in West Africa. The region has a great amount of untapped potential for renewable energy and green hydrogen. As AMEA Power expands its investments across Africa, we will work in partnership with governments, businesses and local communities to develop projects.”