installed capacity is expected from two 400 MW plants to be developed as part of the Noor Midelt solar complex. The plants will be built near the central town of Midelt.
Moroccans will be supplied by the plant once it is fully operational.
14 Nov 2016
Moroccan Agency for Solar Energy (Masen) announced tenders will be launched by the start of next year.
estimated cost of the two plants.
loan from German state-owned bank KFW secured. "All the usual lenders, including the World Bank and the African Development bank (AfDB), will be part of the financing deal," Mustapha Bakkoury, Masen President. The loans need to be approved by the respective lenders' boards.
5 consortia have been shortlisted to bid for Phase I. These include: ACWA Power Consortium, EDF Energies Nouvelles Consortium, ENGIE Consortium, Innogy SE Consortium and JGC Consortium.
03 Jul 2017
Project received approval for a US $25 million loan from the Climate Investment Funds' Clean Technology Fund (CIF CTF). An additional $25 million in CTF resources has already been provided by the African Development Bank (AfDB) and the World Bank. By securing the funding, construction is now set to commence.