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 Sierra Leone by 2033. The MOU, signed at State House in Freetown, outlines a phased approach to expanding the country’s electricity generation and supply infrastructure, focusing on solar PV, floating PV solar, hydro, battery storage, and wind.
The initiative aims to improve energy access, create jobs, and support Sierra Leone’s environmental goals. Infinity Power will collaborate with the Ministry of Energy to conduct feasibility studies, secure necessary permits, and finalize Power Purchase Agreements (PPA) with the Electricity Distribution and Supply Authority (EDSA). This project includes developing 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, emphasized the partnership’s significance: “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, added: “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 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.”
Dr. Eldred Tunde Taylor, Deputy Minister of Energy 1, reaffirmed the Ministry’s support for the initiative, highlighting its potential to transform Sierra Leone’s energy landscape: “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.”
The signing follows Sierra Leone’s First National Climate Dialogue and Energy Transition Dialogue in October 2023, where President Bio underscored the government’s plan to target 1GW generation capacity investment over the next 10-15 years to enable energy trading with neighboring countries.
Hon. Dr. Kandeh Yumkella, who leads the Presidential Initiative on Climate Change, Renewable Energy and Food Security (PI-CREF), highlighted Infinity Power’s role in achieving this vision: “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.”
This partnership underscores Infinity Power’s dedication to advancing renewable energy solutions across Africa and promoting sustainable development.
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