• New solar plant to generate 85,934 MWh annually in Katiola

• Private $60M investment part of 45% renewables goal by 2030

• Project granted to Katiola Solar Power, a JC Mont-Fort subsidiary

Côte d’Ivoire has approved the construction of a solar power plant in Katiola, targeting an annual output of 85,934 megawatt-hours (MWh). The $60 million project supports the country’s broader plan to raise the share of renewables to 45% of its energy mix by 2030.

The decree, issued on May 21, 2025, formalizes a concession agreement signed in December 2024 with Katiola Solar Power, a subsidiary of Swiss energy provider JC Mont-Fort. The 25-year deal includes design, financing, construction, operation, and maintenance responsibilities. The plant will be fully owned and funded by the developer under a public-private partnership framework.

This initiative addresses rising electricity demand and the government’s ambition to diversify an energy mix still largely reliant on natural gas.

Several renewable energy projects are also underway. The FERKE SOLAR plant, with a capacity of 52.42 MWc, is being developed by PFO Energies with financing from the EAAIF fund and the BOAD. In Bondoukou, a 50 MW solar project led by AMEA Power began construction in February 2025, backed by FMO and DEG under a BOOT model. Additionally, the Gribo-Popoli hydroelectric dam, with a capacity of 112 MW, entered operation in May 2025. It is co-financed by China’s Eximbank and the Ivorian state.

Through its National Energy Pact, Côte d’Ivoire aims to mobilize $2 billion in private capital to achieve its 2030 renewable energy targets.