Infinity Power has signed two concession agreements with the Government of Côte d’Ivoire for solar PV projects totalling 80MWac.
The plants will be located in Touba and Laboa and will involve the construction of 17km of transmission lines.
Part of the World Bank’s Scaling Solar Programme, the projects aim to support Côte d’Ivoire’s transition to a cleaner energy mix. The International Finance Corporation (IFC) acted as strategic advisor to the government throughout the process.
The agreements were signed by Mamadou Sangafowa-Coulibaly, Côte d’Ivoire’s minister of mines, petroleum and energy, and Ahmed Mulla, deputy CEO of Infinity Power.
The Ministry of Mines, Petroleum and Energy and the Ministry of Finance and Budget served as the granting authorities, while the tender process was overseen by the Directorate General for Energy and CI Energies.
Marie Chantal Uwanyiligira, World Bank division director for Benin, Côte d’Ivoire, Guinea and Togo, praised the country’s progress in electrification: “Increasing the share of solar energy in its mix, as demonstrated in this operation, will not only lower generation costs but also set the country on the path to universal access.”
Infinity Power is based in Cairo and is a joint venture between Egypt’s Infinity and Masdar, the UAE’s renewable energy company.
It has 1.3GW of operational capacity across Egypt, South Africa, and Senegal, and aims to reach 10GW by 2030. Its pipeline currently stands at 16GW.
In July 2024, the company signed an MoU with Sierra Leone’s government to develop 1GW of renewables by 2033, in collaboration with the Electricity Distribution and Supply Authority (EDSA).
