{"id":76438,"date":"2023-03-13T02:00:16","date_gmt":"2023-03-13T02:00:16","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2023\/03\/13\/masdar-expands-into-the-ivory-coast-with-a-potential-70-mw-solar-plant\/"},"modified":"2023-03-13T02:00:16","modified_gmt":"2023-03-13T02:00:16","slug":"masdar-expands-into-the-ivory-coast-with-a-potential-70-mw-solar-plant","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2023\/03\/13\/masdar-expands-into-the-ivory-coast-with-a-potential-70-mw-solar-plant\/","title":{"rendered":"Masdar expands into the Ivory Coast with a potential 70 MW solar plant"},"content":{"rendered":"

<\/a> Masdar set to expand on renewables in West Africa:<\/strong> UAE renewable energy giant Masdar signed an agreement with the Ivory Coast\u2019s Mining, Petroleum and Energy Ministry on Friday to explore the development of a solar power plant with a capacity between 50 MW and 70 MW, according to a company statement<\/a>. No financial details were announced for the project.<\/p>\n

Masdar\u2019s on a roll in Africa:<\/strong> Last week, Infinity Power Holding \u2014 a JV between Egypt\u2019s Infinity and Masdar \u2014 and Germany\u2019s Conjuncta signed an MoU with Mauritania last week to build a mega green hydrogen plant<\/a> in the West African country. The company also signed an agreement with Ethiopia in January<\/a> to develop up to 2 GW of solar capacity. The renewables giant inked another three agreements<\/a> to develop solar projects in Angola, Uganda, and Zambia with a combined generation capacity of 5 GW on the sidelines of the Abu Dhabi Sustainability Week in January. The value of the three projects were not disclosed, but Reuters<\/a> revealed later that the Zambian solar projects were estimated to cost USD 2 bn. Last August, Masdar also signed an agreement<\/a> with Tanzania to develop renewable energy projects with a total capacity of 2 GW without disclosing the project cost.<\/p>\n

Some of the expansion is<\/strong> part of the Etihad 7 initiative:<\/strong> The initiative \u2014 launched by the UAE\u2019s Foreign Ministry in January of last year<\/a> \u2014 aims to attract public and private funding to invest in Africa\u2019s renewable energy sector enabling the continent to generate 20 GW of renewable energy by 2035.<\/p>\n

And Masdar is not alone: <\/strong>UAE\u2019s Amea Power inked an agreement for a new 50 MW solar power plant in Ivory Coast last January<\/a> and has solar projects in Burkina Faso<\/a> and Mali<\/a>. It also added 20 MW of capacity to its existing solar project in Togo reaching a generation capacity of 70 MW last November<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Masdar set to expand on renewables in West Africa: UAE renewable energy giant Masdar signed an agreement with the Ivory Coast\u2019s Mining, Petroleum and Energy Ministry on Friday to explore the development of a solar power plant with a capacity between 50 MW and 70 MW, according to a company statement. No financial details were […]<\/p>\n","protected":false},"author":1,"featured_media":76439,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[171],"tags":[11,1429,160,94,42],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-76438","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar","tag-enterpriseclimate","tag-ivory-coast","tag-masdar","tag-solar","tag-solar-energy","wpautop","entry"],"acf":{"mongo_id":"9e6cd9f5-cbac-4b58-a0c7-482b19f879a8","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/3\/781.jpg","photo_position":"above","related_issue":[76429],"teaser":"","voice_url":""},"yoast_head":"\nMasdar expands into the Ivory Coast with a potential 70 MW solar plant - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/2023\/03\/13\/masdar-expands-into-the-ivory-coast-with-a-potential-70-mw-solar-plant\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Masdar expands into the Ivory Coast with a potential 70 MW solar plant\" \/>\n<meta property=\"og:description\" content=\"Masdar set to expand on renewables in West Africa: UAE renewable energy giant Masdar signed an agreement with the Ivory Coast\u2019s Mining, Petroleum and Energy Ministry on Friday to explore the development of a solar power plant with a capacity between 50 MW and 70 MW, according to a company statement. 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