The African Development Bank has committed US$265 million to the development of two solar power plants in Morocco with a total capacity of 800 MW.
The Spanish inverter specialist will ship its 35 of its centralized Inverter Stations to the three sites over the course of this year, the company has confirmed.
As part of the NOOR multi-site and multi-technology solar power project, a hybrid CSP-PV system, whose total capacity is expected to reach 600-800 MW, has secured $25 million in funding from the Climate Investment Funds’ Clean Technology Fund.
A unit of the Moroccan Agency for Solar Energy (Masen) was allowed to acquire an interest of up to 25% in six special purpose companies owning the project’s three photovoltaic plants.
The project is the fourth and final phase of the 580 MW Ouarzazate solar complex and part of the 170 MW Noor PV I Program for the development of solar PV. The plant is expected to be completed in the first quarter of 2018
Masen, Morocco’s public agency for renewable energies, has revealed that Acwa Power will develop 170 MW of solar PV plants in the country at a rate of €0.0422 per kWh.
Masen, Morocco’s public agency for the renewable energies, has provided to pv magazine details of the country’s latest solar PV developments. This is exciting news that will lead to Morocco adding some hundreds of new solar photovoltaic installations in the immediate years.
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