Scaling Solar launches in Côte d’Ivoire with 60MW project duo

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
Source: Scaling Solar

The World Bank’s Scaling Solar programme will support the development, tendering and financing of 60MW of grid-connected solar power in Côte d’Ivoire.

The capacity will be spread across two plants.

The government of Côte d’Ivoire wants to generate at least 42% of its power from renewable sources by 2030, of which 400MW will be solar.

The country has the third-largest electrical system in West Africa, with an installed capacity of 2,200MW.

The Scaling Solar programme, which is run by the World Bank's private investment arm the IFC, provides transaction structuring advice, project documents, risk management products, finance, and insurance to support solar energy projects.

Scaling Solar projects are underway in Zambia, Ethiopia, Senegal, Togo, Madagascar, and Uzbekistan.

Eni to co-deploy 50MWp in southern Angola through JV

Italian oil and gas company Eni has inked an agreement with the government of Angola to deploy a 50MWp grid-connected PV plant in the southwest of the country.

The solar power plant will be constructed in two 25MWp stages by Solenova, a joint venture owned by Eni and Angola state-owned oil company Sonangol.

The project is part of a broader suite of rural development projects run by the oil major in the region.

In September, the government said that it expected national PV capacity to increase sixty-fold, from 10MW-plus figures recorded this year to 600MW by 2022.

The southern African country has been tapped by analysts as a solar PV hotspot, thanks to its high irradiation levels. As the German Solar Association (BSW-Solar) and the Becquerel Institute noted this year, the government’s own figures place Angola’s solar potential at 55GW, far above wind’s 3GW.

Scaling Solar is supported by USAID’s Power Africa, the Ministry of Foreign Affairs of the Netherlands, the Ministry of Foreign Affairs of Denmark, and the Infrastructure Development Collaboration Partnership Fund.

Read Next

PV Tech Premium
September 10, 2021
With inaccurate irradiation data potentially impacting profitability estimates of PV projects in Africa, calls have been made for solar players to invest in more accurate measurement tools and work together to support the commercial and industrial (C&I) sector’s growth.
August 5, 2021
Unreliable methods of calculating irradiation in Africa could slash energy savings for commercial and industrial (C&I) solar buyers and reduce investment returns for developers and investors, new research has suggested.
July 26, 2021
Oil and gas giant Eni has acquired 1.2GW of Spanish renewables from Madrid-based European private equity manager Azora.
June 16, 2021
Berkeley Energy has raised €130 million in the first close of the Africa Renewable Energy Fund II
June 14, 2021
Mozambique-based coal operator Ncondezi Energy has announced a joint venture (JV) with South African-based NESA to target South Africa’s C&I solar and storage markets.
May 21, 2021
Abu Dhabi-based Masdar has secured the rights to develop two solar projects in Uzbekistan that will have a combined capacity of 440MW.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
November 10, 2021
8am (PST) | 5pm (CET)
Solar Media Events
December 1, 2021