In Short : Under the World Bank’s Scaling Solar initiative, Infinity Power has secured two significant concessions for solar photovoltaic (PV) projects in Côte d’Ivoire. Together, these projects provide 80 MW of sustainable energy, highlighting a critical juncture in the energy transition of West Africa.
Project Specifics and Strategic Importance
Sites: Touba and Laboa solar PV projects, which have an 80 MW combined capacity.
Transmission Infrastructure: To properly integrate the locations into the national grid, plans call for 17 km of power lines.
Service Reach: After the projects are put into service, more than 400,000 families will have access to electricity, improving resilience and energy access.
Tariff Record: Infinity electricity established a new standard for affordable sustainable energy in West and Central Africa by providing solar electricity at €0.03213/kWh (Touba) and €0.03310/kWh (Laboa).
Impact of Clean Energy on National Development
Scale-Up of Renewable Energy: This program expedites Côte d’Ivoire’s endeavors to extend its solar energy infrastructure and include photovoltaic solutions into the country’s energy mix. Decarbonization & Climate Action: The projects are anticipated to help the nation achieve its net zero emissions targets by preventing more than 60,000 tonnes of CO₂ emissions each year. Growth of the Green Economy: It is anticipated that these solar projects will improve infrastructure, create jobs, and support the region’s sustainable energy growth.
The Significance of It
In terms of Côte d’Ivoire’s renewable energy trajectory, this concession represents a significant advancement. The nation is actively bolstering its clean energy infrastructure, improving energy security, and establishing the groundwork for development that is focused on climate change by utilizing highly competitive solar tariffs and coordinating with international assistance through the Scaling Solar framework. Additionally, Infinity Power’s participation is a resounding endorsement of West Africa’s potential for green energy.
