Media ININ Economy We Trust
Media IN Abu-Dhabi 24th-05-2019
A consortium led by French EDF Renewables won a tender to build an 800-megawatt solar plant near the Moroccan city of Midelt.
The winning consortium for Noor Midelt I is led by French company EDF Renouvelables in collaboration with UAE renewables developer and operator Masdar, as well as Moroccan company Green of Africa.
The plant will be built with an investment of 7.57 billion dirham (781.5 million U.S. dollars) funded by several international institutions, namely the European Investment Bank, the German bank of KfW, the French Development Agency, the European Commission, the World Bank, the African Development Bank and the Clean Technology Fund, the same source said.
Dubbed Noor Midelt 1, the plant will use a hybrid system of concentrated solar plant (CSP) and photovoltaic (PV) technologies.
“At MASEN we are completely satisfied with the results of this bid process and trust the abilities of the consortium chosen to carry out the project. Noor Midelt I is a technologically disruptive project. There will be, in the world, a before/after Midelt, in the same way there was a before/after Ouarzazate”, The Moroccan Agency for Sustainable Energy (MASEN).
The project is part of Morocco’s ambitious goal to produce 42 percent of its electrical power from renewable energy by 2020 and 52 percent by 2030.
By the end of 2018, Morocco produced some 35 percent of its electrical power from renewable energy sources, according to the Moroccan Ministry of Energy, Mining and Sustainable Development.
