Infinity Power and the Government of Sierra Leone represented by the Ministry of Energy have officially signed a Memorandum of Understanding (MoU) to develop 1GW of renewable energy capacity in the African nation by 2033. The MoU outlines a phased approach to the project, focusing on expanding the country's electricity generation and supply infrastructure.
The signing ceremony, held at State House in Freetown, marks a significant step towards Sierra Leone's commitment to sustainable energy and economic development.
The project may include solar PV, floating PV solar, hydro, battery storage, and wind. It aims to improve energy access, create jobs, and support the country’s environmental goals.
Infinity Power will collaborate closely with the Ministry of Energy to conduct feasibility studies, secure necessary permits, and finalise Power Purchase Agreements (PPA) with the Electricity Distribution and Supply Authority (EDSA). This will involve the development of 200MW of renewable energy generation, expanding hydroelectric dam capacity and installing both floating and ground-mounted solar PV systems.
Mohamed Ismail Mansour, Chairman of Infinity Power, said: "This partnership underscores our continued dedication to strengthening the supply of sustainable energy across Africa, contributing to a bright energy future for Sierra Leone."
Nayer Fouad, CEO of Infinity Power, adds: "Collaborating with Sierra Leone’s Ministry of Energy will showcase the transformative power of renewable energy in driving socio-economic change."
Ahmed Mulla, Deputy CEO of Infinity Power, expressed his optimism about the partnership, stating, "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."