Monday 5th January 2025
By inAfrika Newsroom
Ivory Coast Bondoukou solar funding 2026 secured a major boost after AMEA Power reached financial close for a 50 MW solar PV project in the Gontougo region. The developer said the project totals about $72 million.
FMO and DEG are providing the financing. Construction started in 2025. Now, the project has moved into full execution, with commissioning expected in early 2027.
The Bondoukou plant adds to Côte d’Ivoire’s push to diversify generation and cut fuel risk. Solar also helps reduce peak-time stress when demand rises. Therefore, projects that close funding can move quickly into procurement and grid work.
AMEA Power has expanded across Africa in recent years. Meanwhile, lenders have shown growing appetite for well-structured renewable deals with clear offtake and permitting. Still, investors remain sensitive to currency risk and grid readiness, so timelines matter.
Energy planners also face a practical test. They must connect more variable power while keeping reliability high. Consequently, utility upgrades, dispatch planning and storage discussions will stay central in 2026.
AMEA Power will now finalise EPC scheduling and major equipment deliveries. It will also coordinate grid connection works with national authorities.
In addition, financiers will track milestones tied to drawdowns. That includes civil works, module installation, and commissioning tests. If the build stays on schedule, the plant should reach operation in early 2027.
Côte d’Ivoire’s economy needs dependable power for factories, cold chains and digital services. Solar can also reduce exposure to fuel price swings.
Moreover, each successful financial close strengthens confidence in West Africa’s renewables pipeline. That can pull in more private capital, faster.
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