The signing ceremony befell on the sidelines of the Abu Dhabi Sustainability Week within the presence of Tiemoko Meyliet Koné, Vice President of the Ivory Coast. The concession settlement was signed by Mamadou Sangafowa-Coulibaly, Minister of Mines, Petroleum and Vitality of Ivory Coast and Hussain Al Nowais, Chairman of AMEA Energy.
The undertaking is the primary photo voltaic Impartial Energy Mission (IPP) within the Ivory Coast and shall be situated within the city of Bondoukou within the northeastern area of Gontougo, situated 420 km northeast of Abidjan.
With a complete funding of practically $60 million, the photo voltaic undertaking is totally developed by AMEA Energy beneath a Construct-Personal-Function and Switch (BOOT) mannequin and can generate greater than 85GWh of fresh vitality yearly, sufficient energy for about 350,000 individuals. The offtaker of the undertaking is Compagnie Ivoirienne d’Electricité, which is accountable for {the electrical} community all through the nation.
As a part of its strategic plan, the Authorities of the Ivory Coast goals to extend the share of renewable vitality within the nation’s electrical energy combine to 42% by 2030.
Hussain Al Nowais, Chairman of AMEA Energy, stated: “AMEA Energy is proud to help Ivory Coast to realize its clear vitality ambitions, which can present funding, job creation and sustainable improvement. The nation is present process an financial and social transition, which shall be pushed by improvement of fresh vitality and displays the broader continent.
“AMEA Energy has a confirmed observe document of delivering tasks in West Africa. The area has a number of untapped potential for renewable vitality and inexperienced hydrogen. As AMEA Energy expands its investments throughout Africa, we work with governments, companies and native communities to develop tasks.
In November 2022, AMEA Energy introduced that it’s going to construct the biggest photo voltaic plant in West Africa by increasing the ‘Mohammed Bin Zayed Photo voltaic Energy Plant’ in Togo from 50MW to 70MW, which shall be supported by battery storage to increase availability clear. loud at evening. The Firm has additionally accomplished the development of a photo voltaic undertaking in Burkina Faso and is creating a photo voltaic undertaking in Mali.
AMEA Energy is quickly increasing its investments in wind, photo voltaic, vitality storage and inexperienced hydrogen, demonstrating a long-term dedication to the worldwide vitality transition. The Firm has a clear vitality pipeline of over 6GW in 20 nations.