Infinity Power, a large pure play renewable energy provider, has signed a MoU with the Government of Sierra Leone in order to develop 1GW of renewable energy capacity in the country by 2033
Seen as a significant milestone in the country’s commitment to sustainable energy and economic development, the initiative will begin with feasibility studies conducted by Infinity Power in close collaboration with the Ministry of Energy. After this, attention will turn to securing necessary permits and finalising power purchase agreements (PPA) with the Electricity Distribution and Supply Authority (EDSA). It will include the development of 200MW of renewable energy generation (through the expansion of hydroelectric dam capacity as well as floating and ground-mounted solar systems).
Ahmed Mulla, deputy CEO of Infinity Power, commented “This MoU represents a crucial milestone in our shared vision for a sustainable future. We are committed to working with the Government of Sierra Leone to deliver this ambitious project and contribute to the nation’s energy security and economic growth.”
The noteworthy agreement was confirmed at a signing ceremony held at State House in Free Town. It marks another tangible step in the Government’s ambitious plans to target investment in generation capacity over the next 10-15 years to allow the country to trade energy with its neighbours. This drive was underscored at the country’s First National Climate Dialogue and Energy Transition Dialogue held in Oct 2023 and organised by the Presidential Initiative on Climate Change, Renewable Energy and Food Security (PI-CREF).
“Our mandate is simple: prioritize the expansion of our energy infrastructure by integrating renewable energy sources and enhance sector reforms to continue attracting investments. Thus, we are excited to partner with Infinity Power and look forward to our work ahead in the coming months and years,” said Eldred Tunde Taylor, Deputy Minister of Energy.
“Given their work in Africa, experience and goals for the continent, Infinity Power is poised to help meet President Bio’s vision for the country earlier than originally envisaged. The deep energy sector reforms taking place are beginning to pay dividends and we at PI-CREF will continue to play our catalytic role in bringing diverse partners with our MDAs through strategic coordination and policy coherence,” underscored Kandeh Yumkella who leads the PI-CREF.
This is the latest in a number of major announcements from Infinity Power with the company committed to making its mark on Africa’s energy landscape. Most recently, it marked another step towards the construction of a 10GW onshore wind farm on the continent.
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