Saturday, May 9, 2026
  • Who’sWho Africa AWARDS
  • About TimeAfrica Magazine
  • Contact Us
Time Africa Magazine
  • Home
  • Magazine
  • WHO’SWHO AWARDS
  • News
  • World News
    • US
    • UAE
    • Europe
    • UK
    • Israel-Hamas
    • Russia-Ukraine
  • Politics
  • Crime
  • Lifestyle
  • Sports
  • Column
  • Interviews
  • Special Report
No Result
View All Result
Time Africa Magazine
  • Home
  • Magazine
  • WHO’SWHO AWARDS
  • News
  • World News
    • US
    • UAE
    • Europe
    • UK
    • Israel-Hamas
    • Russia-Ukraine
  • Politics
  • Crime
  • Lifestyle
  • Sports
  • Column
  • Interviews
  • Special Report
No Result
View All Result
Time Africa Magazine
No Result
View All Result
  • Home
  • WHO’SWHO AWARDS
  • News
  • Magazine
  • World News

Home » News » Mauritania signs $300 million Independent Power Producer (IPP) deal for hybrid solar-wind plant under Desert to Power initiative

Mauritania signs $300 million Independent Power Producer (IPP) deal for hybrid solar-wind plant under Desert to Power initiative

The project marks a milestone in the country's drive to expand electricity generation through private financing while accelerating its transition to renewables

October 5, 2025
in News
0
The signed contract is displayed by (right to left) Economy and Finance Minister Sid'Ahmed Ould Bouh, Energy and Petroleum Minister Mohamed Ould Khaled, and Moulay El Arby, Director of Ewa Green Energy, in the presence of project stakeholders and energy sector officials

The signed contract is displayed by (right to left) Economy and Finance Minister Sid'Ahmed Ould Bouh, Energy and Petroleum Minister Mohamed Ould Khaled, and Moulay El Arby, Director of Ewa Green Energy, in the presence of project stakeholders and energy sector officials

Share on FacebookShare on Twitter

NOUAKCHOTT, Mauritania – Mauritania has signed its first independent power producer contract, a $300 million agreement with Iwa Green Energy to develop a 60-megawatt hybrid solar-wind power plant.

The project marks a milestone in the country’s drive to expand electricity generation through private financing while accelerating its transition to renewables. The facility, scheduled to come onstream in September 2026, will boost Mauritania’s installed capacity of about 450 megawatts.

“This project with private actors demonstrates their confidence in the Mauritanian government’s commitment to diversifying the production base and providing sustainable energy sources to serve the economy,” said Economy and Finance Minister Sid’Ahmed Ould Bouh at the signing ceremony in Nouakchott.

With fewer than 10 percent of rural households connected to electricity, Mauritania relies heavily on imported fuels despite its vast renewable energy potential. The government has set ambitious goals under President Mohamed Ould Cheikh El Ghazouani’s energy transition plan, targeting universal electricity access and 70 percent renewable generation by 2030.

ReadAlso

Benin Confirms Romuald Wadagni Presidential Election Victory

Africa’s Biggest Science Festival 2026 Brings 27 Nations Together in Abidjan

The project was one of the first to be developed under the Desert to Power initiative’s Independent Power Producer Joint Protocol, a regional framework backed by the African Development Bank to attract private capital through standardised investment terms across 11 Sahel countries.

Energy Minister Mohamed Ould Khaled stressed that the fully private financing model will allow the country to expand supply without adding to public debt.

ADVERTISEMENT

Daniel Schroth, Director of Renewable Energy and Energy Efficiency at the African Development Bank, commended Mauritania for taking this important step in applying the Desert to Power Joint Protocol, illustrating its relevance as a tool for accelerating the implementation of IPP projects in the Sahel.

“This project will contribute to the goals of the Desert to Power Initiative and Mauritania’s Mission 300 (Energy Compact,” Schroth stated.

The project is part of a continent-wide shift in which African governments are increasingly turning to independent power producers to mobilise investment and scale renewable projects while reducing pressure on public finances.

Related

Tags: AfricaBanking/FinanceBusinesselectricityEnergyinvestmentMauritaniarenewable energy
ADVERTISEMENT
Previous Post

Renaissance Seeks Partners to Unlock Nigeria’s Oil, Gas Potential

Next Post

African Employers Welcome a Fresh Start with the African Development Bank

You MayAlso Like

News

China drops import tariffs for all African countries except one

May 2, 2026
News

UAE Quits OPEC, Ending Nearly 60 Years of Membership

April 30, 2026
News

Ogilisi Igbo Urges Rethink of “Biafra” Name, Adopt “Igbo Nation”

April 29, 2026
Activists protesting in Nairobi in 2019.Credit...Simon Maina/Agence France-Presse — Getty Images
News

Kenyan Court Strikes Down Ruling Protecting Right to Abortion

April 27, 2026
News

Mali Defence Minister Killed in Car Bomb

April 26, 2026
News

Zambia Seizes Ex-President’s Remains, Fueling Bitter Funeral Standoff

April 26, 2026
Next Post

African Employers Welcome a Fresh Start with the African Development Bank

Gabon Seeks Fresh Investment to Unlock Untapped Oil & Gas

Discussion about this post

World Asthma Day 2026: CIDO Foundation Provides Free Asthma Care in Delta State

  • World Asthma Day 2026: CIDO Foundation Provides Free Asthma Care in Delta State

    542 shares
    Share 217 Tweet 136
  • Trending
  • Comments
  • Latest

World Asthma Day 2026: CIDO Foundation Provides Free Asthma Care in Delta State

May 6, 2026

US World Cup 2026 hotel bookings lag as demand falls short of expectations

May 6, 2026

How Senator Ned Nwoko Changed My Life Through His Scholarship

May 6, 2026

World Asthma Day 2026: CIDO Foundation Provides Free Asthma Care in Delta State

May 6, 2026

Peter Obi Explains Exit from ADC

May 3, 2026

ABOUT US

Time Africa Magazine

TIMEAFRICA MAGAZINE is an African Magazine with a culture of excellence; a magazine without peer. Nearly a third of its readers hold advanced degrees and include novelists, … READ MORE >>

SECTIONS

  • Aviation
  • Column
  • Crime
  • Europe
  • Featured
  • Gallery
  • Health
  • Interviews
  • Israel-Hamas
  • Lifestyle
  • Magazine
  • Middle-East
  • News
  • Politics
  • Press Release
  • Russia-Ukraine
  • Science
  • Special Report
  • Sports
  • TV/Radio
  • UAE
  • UK
  • US
  • World News

Useful Links

  • AllAfrica
  • Channel Africa
  • El Khabar
  • The Guardian
  • Cairo Live
  • Le Republicain
  • Magazine: 9771144975608
  • Subscribe to TIMEAFRICA MAGAZINE biweekly news magazine

    Enjoy handpicked stories from around African continent,
    delivered anywhere in the world

    Subscribe

    • About TimeAfrica Magazine
    • Privacy Policy
    • Contact Us
    • WHO’SWHO AWARDS

    © Copyright TimeAfrica Magazine Limited 2026 - All rights reserved.

    No Result
    View All Result
    • WHO’SWHO AWARDS
    • Politics
    • Column
    • Interviews
    • Gallery
    • Lifestyle
    • Special Report
    • Sports
    • TV/Radio
    • Aviation
    • Health
    • Science
    • World News

    © Copyright TimeAfrica Magazine Limited 2026 - All rights reserved.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.