Morocco Beefs Up Solar Effort
As reported in Reuters, Morocco is planning on accelerating the tender processes for developing its 2,000 MW solar energy plan, beginning with awarding a contract for 160 MW using concentrated solar technology.
According to the chair of the Moroccan Agency for Solar Energy Mustafa Bakkoury, a winning consortium will be announced by the start of the summer to develop the first phase of a 500 MW solar power plant near Ouarzazate. The complex, which is scheduled to be completed by 2015, is part of a broader Moroccan effort to produce over 2 GW of solar power by 2020. Bakkoury also said the work on the first phase of the Ouarzazate solar plant will begin later this year.
Three different consortiums are vying to be the developer of the first 160 MW phase. The three are:
- Abeinsa ICI, Abengoa Solar, Mitsui and Abu Dhabi National Energy Co.
- Enel and ACS SCE
- International Company for Water and Power (ACWA), Aries IS and TSK EE
The Moroccan Agency for Solar Energy will also soon begin tenders to construct 50 MW CSP towers, which will also be located in Ouarzazate. In all, Morocco’s solar plan is worth an estimated $9 billion. Five power stations will be constructed, including two in the still disputed Western Sahara region.
Additional power is imperative to Morocco’s growth as electricity demands rise about 7% each year, which is straining Morocco’s economy due to heavy reliance on oil.
Along with wind energy, Morocco’s solar energy development plan could cut its fossil fuel imports by 2.5 million tons per year while also eliminating 9 million tons of emissions from entering the atmosphere.
Morocco Accelerates Solar Plans originally appeared in Green Chip Stocks. Green Chip Review is a free 2x-per-week newsletter, is the first advisory to focus exclusively on investments in alternative and renewable energies.
Green Chip Stocks Editors & Contributors Jeff Siegel Jeff Siegel is the managing editor of Green Chip Stocks, an independent investment research service that focuses exclusively on renewable energy and organic and natural food markets. Nick Hodge One of the bright young minds in today's cleantech industry, Nick is putting his knowledge of nascent green markets to use in several ways... Nick is the co-author of a best-selling book and has interviewed dozens of times for TV and Web; his keen insight, uncanny foresight, and global contacts have led to double- and triple-digit wins for his readers, time after time.
- America’s Problem with Solar
- PV @ $0.37 per watt in 2017?
- Fuel Cells in Outer Space!
- Electric Vehicle Wireless Charging is Here
- New York City Gets 25 Solar Streetchargers
- Will Electric Racers dominate at Pikes Peak?
- Improving Solar Cells with Quantum-Dot Microscopy
- Reduce Your Global Footprint and Energy Consumption
- Solar on Breweries Across the U.S
- How Green Windows Provide Energy Efficiency
- Solar + Cloud Computing: Google’s Project Loon
- Wood as a Green Material
- In Focus: Green Engineering Advancements
- The Electric Vehicle Market in 10 Years
- Panasonic: 100M Li-Ion Tesla Batteries Ship This Month
- In Focus: India’s Energy Ties with Iran
- New Renewable Energy Projects Approved by Obama Adminstration
- The Solar Robots are Coming!