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.
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