AMEA Power announced a significant milestone in the delivery of its 50MW Bondoukou solar PV project in the Ivory Coast. The financial close has been achieved, and major construction works are underway on site, the firm said.
Developed by AMEA Goutougo, a project company registered in Ivory Coast and fully owned by AMEA Power, the solar PV plant is situated in the northeastern Gontougo region. It will generate 85GWh of clean electricity annually, enough to power around 358,000 households. Moreover, it will offset more than 52,000t of CO₂ emissions annually.
Recognising the strategic importance of the project for Ivory Coast’s power system, AMEA Power initiated early construction activities earlier this year. This proactive approach allowed them to advance key works ahead of securing project financing. With the financial close now achieved, the project transitions into its full execution phase, enabling accelerated progress across all construction activities.
The US $71.98mn project is being financed by FMO and DEG, reflecting the strong support from international development finance institutions for Ivory Coast’s renewable energy ambitions. AMEA Power’s record in delivering utility-scale clean energy projects across Africa further underscores the confidence in their capabilities.
The project aligns with the Government of Ivory Coast’s objective to increase the share of renewable energy in the national electricity mix to 45% by 2030. By doing so, it aims to strengthen energy security and reduce reliance on thermal generation, the firm said.
Once operational in early 2027, the solar PV plant will become AMEA Power’s first operational asset in Ivory Coast. The company said it also had an additional 50MW solar PV project in advanced development in the country, further solidifying its long-term commitment to supporting sustainable energy generation in West Africa.
Hussain Al Nowais, Chairman of AMEA Power said, “This milestone marks an important step in the delivery of our solar project in Ivory Coast. By progressing early works ahead of financial close and now moving into full-scale execution, we are demonstrating our long-term commitment to the country’s clean energy transition. This project reflects our ability to deliver with pace, discipline and partnership, bringing lasting economic and environmental benefits.”
Construction of the project is anticipated to generate substantial local employment opportunities, with a strong emphasis on local content, skill development, and knowledge transfer. In parallel, AMEA Power will implement its Community Investment and Development Programs, delivering targeted initiatives to ensure long-term positive impact for the surrounding communities.
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