Saturday, November 15, 2025
  • 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

541
SHARES
4.5k
VIEWS
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

FEDA Announces Investment in Africa Minerals and Metals Processing

World Likely to Overshoot 1.5 °C Climate Target, UN Warns

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.

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

FEDA Announces Investment in Africa Minerals and Metals Processing

November 13, 2025
News

Tanzania charges hundreds with treason and issues arrest warrants for more opposition figures

November 11, 2025
News

Lebanese authorities release son of Libya’s Muammar Gaddafi, ending 10-year detention

November 11, 2025
News

Daughter of former president Jacob Zuma on trial over deadly riots

November 11, 2025
News

Paramilitary forces accused of burning bodies in Sudanese mass graves

November 11, 2025
News

Southern Nigeria Monarchs Convene in Owerri to Strengthen Traditional Leadership, Appoint Uzodinma National Coordinator

November 11, 2025
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

‘I give up, I will go back’ – Regina Daniels breaks down in tears

“Regina and Her Family Are Causing Turmoil: Here’s My Side!” – Ned Nwoko

Mali: al-Qaeda jihadists kidnap Female TikToker executed her in front of her family

What Became of Gaddafi’s Surviving Children

Southern Nigeria Monarchs Convene in Owerri to Strengthen Traditional Leadership, Appoint Uzodinma National Coordinator

Futility of Installing Mao Ohuabunwa as PDP BoT Chairman

  • British government apologizes to Peter Obi, as hired impostors, master manipulators on rampage abroad

    1243 shares
    Share 497 Tweet 311
  • Maids trafficked and sold to wealthy Saudis on black market

    1069 shares
    Share 428 Tweet 267
  • Flight Attendant Sees Late Husband On Plane

    976 shares
    Share 390 Tweet 244
  • ‘Céline Dion Dead 2023’: Singer killed By Internet Death Hoax

    905 shares
    Share 362 Tweet 226
  • Crisis echoes, fears grow in Amechi Awkunanaw in Enugu State

    739 shares
    Share 296 Tweet 185
  • Trending
  • Comments
  • Latest

British government apologizes to Peter Obi, as hired impostors, master manipulators on rampage abroad

April 13, 2023

Maids trafficked and sold to wealthy Saudis on black market

December 27, 2022
Flight Attendant Sees Late Husband On Plane

Flight Attendant Sees Late Husband On Plane

September 22, 2023
‘Céline Dion Dead 2023’: Singer killed By Internet Death Hoax

‘Céline Dion Dead 2023’: Singer killed By Internet Death Hoax

March 21, 2023
Chief Mrs Ebelechukwu, wife of Willie Obiano, former governor of Anambra state

NIGERIA: No, wife of Biafran warlord, Bianca Ojukwu lied – Ebele Obiano:

0

SOUTH AFRICA: TO LEAVE OR NOT TO LEAVE?

0
kelechi iheanacho

TOP SCORER: IHEANACHA

0
Goodluck Ebele Jonathan

WHAT CAN’TBE TAKEN AWAY FROM JONATHAN

0

BBC apologises to Trump over Panorama edit but rejects demand for $1bn compensation

November 14, 2025

Ibadan 2025: PDP’s Convention as a Test of Survival and Unity

November 14, 2025

FEDA Announces Investment in Africa Minerals and Metals Processing

November 13, 2025
Chinese President Xi Jinping reviews the honour guard during a welcome ceremony at The Great Hall of the People on November 22, 2023 in Beijing, China
(Image credit: Florence Lo - Pool / Getty Images)

Xi’s Military Purges Show Unease About China’s Nuclear Forces

November 12, 2025

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

    © 2025 TimeAfrica Magazine - All Right Reserved. TimeAfrica Magazine Ltd is published by Times Associates, registered Nigeria. Use of this site constitutes acceptance of our Terms of Service.

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

    © 2025 TimeAfrica Magazine - All Right Reserved. TimeAfrica Magazine Ltd is published by Times Associates, registered Nigeria. Use of this site constitutes acceptance of our Terms of Service.

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