Infinity Power has signed concession agreements with the government of Côte d’Ivoire for two solar PV projects totalling 80MW under the World Bank’s Scaling Solar initiative.
The Touba and Laboa plants will include 17km of new transmission infrastructure and are expected to supply electricity to over 400,000 people once operational.
The agreements mark the developer’s first collaboration with the Ivorian government and national utility CI Energies, following a competitive tender process overseen by the Directorate General for Energy and supported by the International Finance Corporation (IFC).
Infinity Power’s bid was selected as the most competitive and will contribute to avoiding more than 60,000 tonnes of carbon emissions annually.
Mohamed Ismail Mansour, co-founder and chairman of Infinity Power, said: “These solar plants will not just bring affordable electricity to hundreds of thousands of people but will also empower communities, strengthen infrastructure, and accelerate the country’s progress toward a decarbonised future.”
CEO Nayer Fouad added: “These projects represent a new chapter for Côte d’Ivoire’s energy sector and we are committed to ensuring their success.”
The plants form part of Infinity Power’s wider goal to develop 10GW of renewables by 2030.
H.E. Mamadou Sangafowa-Coulibaly, minister of mines, petroleum and energy of Côte d’Ivoire, said the projects will boost production capacity, enhance resilience and create new jobs.
Marie Chantal Uwanyiligira of the World Bank said the development would lower generation costs and support universal access.
Olivier Buyoya, IFC regional director for West Africa, added: “Access to clean energy will foster rural productivity and incomes, develop human capital, and create sustainable, private sector jobs.”