HomeNewsAgrement signed for develpment of 70MW Masdar solar plant in Côte d'Ivoire

Agrement signed for develpment of 70MW Masdar solar plant in Côte d’Ivoire

An agreement has been signed for the development of a 70MW Masdar solar plant in Côte d’Ivoire. The agreement was signed between Masdar and the Ministry of Mines, Petroleum, and Energy for the Republic of Côte d’Ivoire. Masdar is also known as Abu Dhabi Future Energy Company. It is a UAE-government-owned renewable energy company based in Abu Dhabi, United Arab Emirates.

The signing of the agreement was witnessed by Dr. Al Jaber, the UAE Minister of Industry and Advanced Technology. Tiémoko Meyliet Koné, Vice President of Côte d’Ivoire, and Shakhboot Nahyan were also present. The latter is a Member of the UAE Cabinet and Minister of State in the Ministry of Foreign Affairs and International Cooperation. Dr. Shakhboot Nahyan Al Nahyan, who is also the Chairman of Masdar was also in attendance.

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The document’s signatories included Fawaz Al Muharrami, director of Masdar, and Ivorian Minister of Mines, Petroleum, and Energy, Mamadou Coulibaly.

Also Read: Côte d’Ivoire Announces Plans for Tour de la Nation Project

Remarks on the proposed 70MW Masdar solar plant in Côte d’Ivoire

Coulibaly said, “In accordance with climate change agreements, Côte d’Ivoire has pledged to cut its greenhouse gas emissions by 32%. In addition, it seeks to boost the proportion of renewable energy sources in its energy mix to 45% by 2030.

Côte d’Ivoire has therefore created a master plan that incorporates solar, and hydroelectricity as well as biomass for the growth of its industrial facilities. This is in compliance with its promises. Together with other measures that the Ivorian government is launching, the framework agreement we recently signed with Masdar and a first project of 50 to 70MW will help us achieve this lofty goal.”

Mohamed Jameel Al Ramahi, the CEO of Masdar, added, “We aim to produce 100 GW of renewable energy globally by 2030. This is part of Masdar’s new shareholding structure, which was unveiled in December. Furthermore, we see a huge opportunity for the renewable energy sector across the continent given Africa’s massive expected expansion and growth and low levels of clean energy penetration at the moment.

This agreement to develop a solar plant in Côte d’Ivoire will help Côte d’Ivoire achieve its clean energy goals. As well as promote the country’s sustainable economic growth.”

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