Infinity Power has signed two concession agreements with the government of Côte d’Ivoire for the construction and operation of photovoltaic plants with a total capacity of 80 megawatts (MW), under the World Bank’s Scaling Solar initiative. These projects, located in Touba and Laboa, mark the company’s first collaboration with the Ivorian state. The plants will be connected to the national grid through 17 kilometres of transmission lines, enabling electricity supply to more than 400,000 consumers.
Award following a competitive tender
The two projects were awarded to Infinity Power following a competitive tender process supervised by the Directorate General for Energy and CI Energies. The International Finance Corporation (IFC), a World Bank Group subsidiary dedicated to the private sector, acted as technical and financial advisor to the government throughout the process. The Ministry of Mines, Petroleum and Energy and the Ministry of Finance and Budget represented the state as the granting authority.
Financing and strategic objective
Infinity Power aims to build a portfolio of 10 gigawatts (GW) of renewable energy projects by 2030. The exact cost of the operation has not been disclosed, but the company stated that its offer was deemed the most competitive. The facilities are expected to avoid the emission of more than 60,000 tonnes of carbon dioxide per year, according to company data.
Strong multilateral support
The project has received backing from international actors, including the World Bank and IFC, who view it as a lever for diversifying the country’s energy mix and strengthening supply security. Minister of Mines, Petroleum and Energy Mamadou Sangafowa-Coulibaly said that the new capacities aim to increase production, strengthen energy resilience, and stimulate local investment. Marie Chantal Uwanyiligira, World Bank Country Director for Côte d’Ivoire and several neighbouring countries, noted that integrating solar energy could help lower generation costs and achieve universal electricity access.
