EDF is creating a new subsidiary in Côte d'Ivoire, EDF-CI
For the last five years, Côte d'Ivoire, which plays a key role in EDF's development strategy in West Africa, has undergone a major recovery, foreshadowing a sustained increase in electricity consumption over the coming years. Taking into account its energy development needs, and spurred on by the BIOVEA project, which aims to develop a biomass plant of 2x23 MW, EDF decided to strengthen its presence in the country by creating a subsidiary named EDF-CI at the end of August 2016.
This new Group company is responsible for carrying out all activities relating to energy project development. Its main objectives will be to finalise the development phase of the Biovéa project and support the launch of a highly anticipated decentralised rural electrification project in partnership with OGE, a California-based start-up. EDF-CI will also be responsible for exploring the Ivorian market and promoting all of the Group's offerings, such as in the fields of hydroelectricity and sustainable cities.
Off Grid Electric and EDF create the company ZECI, for the launch of a new off-grid solar power solution for rural areas in West Africa
Off Grid Electric, a leading distributed solar company in Africa, and EDF, a global leader in low-carbon energies, today announced a partnership to supply competitive off-grid solar energy in Africa. This partnership will take the initial form of a joint venture – ZECI – in Ivory Coast, announced on the occasion of the 22nd Conference of the Parties (COP) held by the United Nations in Marrakech, Morocco. This first joint venture aims to supply power to nearly 2 million people in Ivory Coast by year 2020, with plans to rapidly extend the partnership’s initiatives to other countries in the region.
EDF Fenice, specialist in energy services, opens its subsidiary in Morocco
As part of its expansion of its energy efficiency activities in the Mediterranean region, EDF Fenice announced on the 17th October 2016 the creation of its new subsidiary, EDF FENICE MOROCCO. Through this new entity, which is wholly owned by its subsidiary EDF FENICE IBERICA, the EDF FENICE Group intends to settle permanently and develop its environmental and energy services offers in this country. EDF FENICE MOROCCO signed an initial contract for the supply of a complete industrial solution, including engineering, financing, construction, commissioning and operation for a period of 10 years.