Berliner Boersenzeitung - Ivory Coast bets on solar in clean energy drive

EUR -
AED 3.826681
AFN 70.961758
ALL 98.138602
AMD 405.652886
ANG 1.877182
AOA 951.190259
ARS 1045.720247
AUD 1.602814
AWG 1.877897
AZN 1.775245
BAM 1.955573
BBD 2.102956
BDT 124.465544
BGN 1.955294
BHD 0.392554
BIF 3076.642669
BMD 1.041829
BND 1.403837
BOB 7.197164
BRL 6.043693
BSD 1.041579
BTN 87.914489
BWP 14.229347
BYN 3.408604
BYR 20419.848375
BZD 2.099456
CAD 1.456529
CDF 2991.091432
CHF 0.930957
CLF 0.036923
CLP 1018.83097
CNY 7.54601
CNH 7.562783
COP 4573.368835
CRC 530.538382
CUC 1.041829
CUP 27.608468
CVE 110.252195
CZK 25.343745
DJF 185.478458
DKK 7.457729
DOP 62.772709
DZD 139.835759
EGP 51.726992
ERN 15.627435
ETB 127.508391
FJD 2.371151
FKP 0.822333
GBP 0.831435
GEL 2.855018
GGP 0.822333
GHS 16.456089
GIP 0.822333
GMD 73.970229
GNF 8977.957272
GTQ 8.040066
GYD 217.904692
HKD 8.110066
HNL 26.320943
HRK 7.431636
HTG 136.72412
HUF 411.522823
IDR 16610.452733
ILS 3.856892
IMP 0.822333
INR 87.968134
IQD 1364.44153
IRR 43834.955489
ISK 145.523076
JEP 0.822333
JMD 165.930728
JOD 0.738765
JPY 161.244275
KES 134.884334
KGS 90.122166
KHR 4193.512952
KMF 492.268155
KPW 937.645704
KRW 1463.259646
KWD 0.320727
KYD 0.867999
KZT 520.059599
LAK 22878.342838
LBP 93271.167197
LKR 303.144792
LRD 187.998165
LSL 18.795317
LTL 3.076251
LVL 0.630192
LYD 5.086409
MAD 10.478083
MDL 18.997794
MGA 4861.435378
MKD 61.522855
MMK 3383.819949
MNT 3540.134882
MOP 8.35093
MRU 41.443187
MUR 48.810083
MVR 16.10707
MWK 1806.090235
MXN 21.283008
MYR 4.654932
MZN 66.583684
NAD 18.795317
NGN 1767.675143
NIO 38.325549
NOK 11.53576
NPR 140.663663
NZD 1.785942
OMR 0.400943
PAB 1.041579
PEN 3.949541
PGK 4.193513
PHP 61.404399
PKR 289.239507
PLN 4.337676
PYG 8131.055634
QAR 3.798559
RON 4.978071
RSD 116.991412
RUB 108.671879
RWF 1421.834864
SAR 3.911473
SBD 8.734231
SCR 14.272055
SDG 626.663972
SEK 11.497837
SGD 1.402931
SHP 0.822333
SLE 23.68116
SLL 21846.638123
SOS 595.230868
SRD 36.978718
STD 21563.75683
SVC 9.113941
SYP 2617.626467
SZL 18.788818
THB 35.922648
TJS 11.092512
TMT 3.646401
TND 3.309016
TOP 2.440072
TRY 35.9978
TTD 7.074178
TWD 33.946439
TZS 2770.578216
UAH 43.089995
UGX 3848.553017
USD 1.041829
UYU 44.294855
UZS 13362.448044
VES 48.506662
VND 26482.251319
VUV 123.688032
WST 2.90836
XAF 655.880824
XAG 0.033274
XAU 0.000384
XCD 2.815595
XDR 0.792308
XOF 655.880824
XPF 119.331742
YER 260.379151
ZAR 18.915093
ZMK 9377.71492
ZMW 28.772658
ZWL 335.468513
  • RBGPF

    59.2400

    59.24

    +100%

  • RYCEF

    -0.0100

    6.79

    -0.15%

  • GSK

    0.2600

    33.96

    +0.77%

  • VOD

    0.1323

    8.73

    +1.52%

  • CMSC

    0.0320

    24.672

    +0.13%

  • BTI

    0.4000

    37.38

    +1.07%

  • RIO

    -0.2200

    62.35

    -0.35%

  • NGG

    1.0296

    63.11

    +1.63%

  • SCS

    0.2300

    13.27

    +1.73%

  • AZN

    1.3700

    65.63

    +2.09%

  • BCC

    3.4200

    143.78

    +2.38%

  • RELX

    0.9900

    46.75

    +2.12%

  • BCE

    0.0900

    26.77

    +0.34%

  • JRI

    -0.0200

    13.21

    -0.15%

  • CMSD

    0.0150

    24.46

    +0.06%

  • BP

    0.2000

    29.72

    +0.67%

Ivory Coast bets on solar in clean energy drive
Ivory Coast bets on solar in clean energy drive / Photo: Sia KAMBOU - AFP

Ivory Coast bets on solar in clean energy drive

The sun beats down from a cloudless sky on the town of Boundiali, where Ivory Coast's first solar power plant embodies the drive to embrace clean energy without abandoning fossil fuels.

Text size:

Unlike the wetter, cloudier south, the climate in northern Ivory Coast bordering Burkina Faso and Mali is hot and dry for around eight months of the year.

"Irradiance is very high" in the region, plant engineer Franck Alain Yayo told AFP, referring to the intensity of the Sun's energy.

The Boundiali plant, which opened in June 2023, aims to improve the electricity supply to more than 430,000 households, the energy ministry said.

Although Ivory Coast has about 10 smaller solar power plants serving villages at a local level, Boundiali is the first on the national grid.

The country, which already exports about 10 percent of its electricity to neighbours, aims to generate nearly half of its energy from renewable sources by 2030.

The International Energy Agency (IEA) estimates that half the population of sub-Saharan Africa has no access to electricity.

And yet, it added in a recent report: "Africa is home to 60 percent of the best solar resources globally, yet only one percent of installed solar PV (photovoltaic) capacity."

While the continent has doubled its capacity to produce clean energy in the last 10 years, African renewables still account for just two percent of global capacity.

- Call for private funding -

The northern Ivorian town has some 68,000 solar panels bought from China laid out in rows across 36 hectares (89 acres).

The panels convert sunlight, not heat, into electricity.

By the end of next year, the aim is to have twice as many panels to reach a production capacity of 80 MWp (Megawatt peak, a measure of the maximum potential output).

That would save some 60,000 tonnes of CO2 equivalent per year, say the authorities.

The 75.6-million-euro ($82.1-million) cost of building the solar power station was financed by Ivory Coast, a German loan and a European Union grant.

"This is the result of the EU's long-standing commitment to the renewable energy sector, with almost 140 million euros since 2017," EU ambassador to Ivory Coast Francesca Di Mauro told AFP.

However, international public funding to support sub-Saharan Africa's transition towards clean energy will not be enough.

Last year, the IEA called for private investment to be stepped up to account for 60 percent of financing.

Solar power is currently a small part of the Ivorian energy mix -- the Boundiali plant contributes just one percent of national production.

Nearly 70 percent of the country's electricity comes from gas-fired thermal power plants, while hydroelectric power stations account for the rest, all located in the south.

By 2030, Ivory Coast has pledged to increase its share of renewable energy to 45 percent, including nine percent solar, and to reduce its greenhouse gas emissions by 30 percent.

Fossil fuels however still play a key role.

- New oil, gas discoveries -

The West African nation recently discovered two huge oil and natural gas deposits.

One of them, the Calao field, "will eventually meet the country's electricity production needs", said Energy Minister Sangafowa Coulibaly.

It may also help reduce electricity bills, which would be a welcome relief to householders after prices rose by 10 percent in January.

"Every day the sun shines on our heads" the cost of production is "very low", plant engineer Yayo said.

Yayo, who learned his skills in Burkina Faso, regretted that his country had neither the technology nor the expertise to train people.

Ivory Coast's state-run company CI-Energies, which handles Boundiali plant's infrastructure, temporarily subcontracts to French civil engineering firm Eiffage.

It is Eiffage which is training many of the employees, most of them local people.

In this region of around 92,000 people, some 350 have been hired since construction of the plant began.

Most were taken on with short-term contracts to install solar panels or carry out maintenance.

Among them was Oumar Konate, who previously worked in farming as well as doing odd jobs in town.

Employment in the rural area was hard to come by, he said. "I prefer to work here. The pay is better. I can feed my family."

(A.Berg--BBZ)