To help Cameroon meet its critical power needs, Infinity Power, a joint venture between Egypt’s Infinity and Masdar of Abu Dhabi, plans to develop up to 4 GW of renewable energy projects in the country by 2035.
The company announced on Thursday that it has inked a Memorandum of Understanding (MoU) with the Cameroon West Regional Council. The company asserts that it is the largest provider of renewable energy in Africa.
Situated in the Western Region of Cameroon, the projects are expected to include solar, wind, hydro, and biomass energy plants. They will be developed in phases.
Nayer Fouad, the chief executive of Infinity Power, said, “This impressive facility, which will utilize wind and solar power among other technologies, has the potential to transform energy provision in the area, help bolster Cameroon’s economy, and deliver huge benefits to local communities.”
MEETING POWER NEEDS AND PUSHING INDUSTRIAL DEVELOPMENT: RENEWABLES
The Western Region of Cameroon has a potential for over 6 GW of renewable energy. For its 2 million inhabitants, it currently receives just 100 MW from the national grid, which is inadequate, according to Vincent Kitio of UN-Habitat, which will offer technical support for the projects. The initiative by Infinity Power seeks to address the significant energy deficit and promote industrial development in the region by utilizing its renewable resources.
The president of the Cameroon West Regional Council, Jules Hilaire Focka Focka, offered additional insight on how the initiative would affect regional development. “The business community asked that energy generation be given top priority during the creation of the Western Region Strategic Development Plan because it will promote industrial development. Daily power outages in the area pose a serious obstacle to social and economic advancement.”
The initiatives in Cameroon are a component of Infinity Power’s larger plan to increase Africa’s capacity for renewable energy. The business currently operates in Egypt, Senegal, South Africa, Ghana, and Mauritania, and it has plans to expand there as well. Its operational portfolio currently stands at 1.3 GW, and by 2030, it hopes to reach 10 GW.
The government of Egypt signed a land access agreement with Infinity Power, its co-owner Masdar, and its Cairo-based partner Hassan Allam Utilities for their 10-GW onshore wind project in May.