USTDA awards grant for EfW project in Cote d'Ivoire
The USTDA has agreed to provide a US$996,238 grant for Société des Energies Nouvelles (SODEN), an Ivorian energy company, to support the development of a 60 to 70-megawatt (MW) biomass-to-energy plant fueled by cocoa waste in Divo, Côte d’Ivoire.
The project will be the world’s first cocoa biomass project, providing significant renewable energy to increase Côte d’Ivoire’s energy security. It will also create jobs and provide an additional source of income for the country’s cocoa farmers. U.S. firm Recast Energy, LLC will conduct the feasibility study.
The grant was announced toguether with a further two:
- US$999,135 grant to the Ivoirian company Kokumbo Energies S.A. to support the development of a 27.7 MW run-of-river hydro power project on the Bandama River in the Gagnoa District of Côte d’Ivoire.
- US$733,780 grant to the Ministry of Economy and Finance and Ministry of Energy through Société des Energies de Côte d’Ivoire to create a “Loss Reduction Strategy,” which will reduce transmission and distribution losses and integrate smart technologies into the Ivoirian electricity system.
Country updates
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February 28, 2018
Total aims to make a final investment decision on the project this year
Total aims to make a final investment decision on the project this year. Vice president of negotiations at Total Gas & Power UK, Jean-Pierre Mateille, has said that Total is ready to start the project as soon as the Côte d'Ivoire government gives the green light
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January 10, 2018
Burkina Faso, Mali and Ghana Ministers of Energy to join TOTAL, CI-GNL, RLSF, APUA, ANARÉ and WAGPA at the Regional Energy Co-operation Summit in Côte d’Ivoire this January
With confirmed participation of H.E Honourable Malick Alhousseini, H.E Honourable Professor Alfa Oumar Dissa, Ghana’s Ministry of Energy, Autorité Nationale de Régulation du Secteu...
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December 20, 2017
Emerging Africa Infrastructure Fund secures US$100 million loan from AfDB
In a bid to reduce the huge infrastructure financing gap in Sub-Saharan Africa, the African Development Bank has approved US$100 million to The Emerging Africa Infrastructure Fund (EAIF), a public pri...
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December 13, 2017
Energy Summit in Abidjan to explore West Africa’s gas and energy markets
EnergyNet will host the second Regional Energy Co-operation Summit in Côte d’Ivoire from 24-25 January 2018 - a strategic platform for project evolution and partnership development. T...
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December 12, 2017
AfDB announces over US$300 million for renewables in Morocco and Côte d’Ivoire
The African Development Bank (AfDB) has announced that it has approved a loan of US$265 million to support 800 MW of solar projects in Morocco, and will also lend approximately $US59 mi...
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