Nova Power to build 25MW solar plant in Ivory Coast
Morocco-based developer Nova Power will build a 25 MW PV plant in Benguébougou, Korhogo Department, in the north of Ivory Coast.
According to a document from the local government, the plant will be built thanks to a private investment of 23,000 million XOF (around $40 million). This is considerable less that the original investment, previously announced by the country’s Ministry of Energy, which was of 44,000 million XOF.
The plant will be built by Korhogo Solaire, a subsidiary of Nova Power, and it is scheduled for completion by the end of 2018. The plant will sell power to local utility Compagnie Ivoirienne d’Electricité (CIE). In the EoI for the project issued last year, the Ministry of Energy said the maximum price at which the facility had to deliver power was 70 XOF ($0.12)/kWh.