IFC, a member of the World Bank Group, has forged a new partnership with Gaia Energy to create a joint platform for the development of wind power and other renewable energy projects in Africa.
Energy Finance & Investment News in Morocco
Soluna Technologies, Ltd. has announced plans to develop a 900 MW wind farm in Morocco which will power a utility-scale blockchain computing facility. The total investment required for the project is estimated to be up to US$3 billion.
The World Bank has announced that it is providing US$125 million to the Noor Midelt solar project in Morocco, supporting the development and construction of two concentrated solar power and photovoltaic plants, which will have a total capacity of between 600 and 800 MW.
The African Development Bank (AfDB) has announced that it has approved a loan of US$265 million to support 800 MW of solar projects in Morocco, and will also lend approximately $US59 million to the 44 MW Singrobo-Ahouaty hydropower project in Côte d’Ivoire.
At a conference in Casablanca last week decision-makers from across North & West Africa met to discuss opportunities for investment in gas infrastructure, project pipelines & strategies for implementation.
Energy leaders gathered in Casablanca on Friday for the conclusion of the 2nd Africa Renewable Energy Forum, a platform to explore opportunities for renewable energy project development in Africa
The Moroccan Agency for Solar Energy (MASEN) has started the next stage of the tender process for the phase 1 of the 800 MW Noor Midelt solar power complex issuing a Request of Proposals (RFP) to the consortia shorlisted.
The Moroccan Agency for Solar Energy (MASEN) has announced it has shortlisted five teams for the phase 1 of the 800 MW Noor Midelt solar power complex.
IFC, a member of the World Bank Group, has announced it has agreed to a US$20 million equity investment in ACWA Power Ouarzazate, which has developed the 160 MW NOOR 1 concentrated solar power (CSP) parabolic trough plant with three-hour storage near Ouarzazate, Morocco.
Morocco-based Platinum Power, majority owned by New York-based investment fund Brookstone Partners, has reached an important milestone for the development of its three hydro power projects (HPP) in Morocco, with the achievement of "public utility" status.
The Moroccan electricity and water utility company, ONEE, has announced it has selected 11 pre-qualified bidders for the 120 MW Noor Tafilet solar project, in the southeastern part of Morocco.
A consortium led by ACWA Power has signed an agreement to develop and operate 170 MW Noor 1 PV plants in the Kingdom of Morocco.
The Moroccan Agency for Solar Energy (Masen) plans to launch tenders for the construction of two solar plants with a combined capacity of up to 800MW by the start of 2017.
The first projects of a new fund supported by the European Investment Bank (EIB) – the Catalyst MENA Clean Energy Fund (Catalyst) – are now taking off.
ACWA Power, Saudi Arabia’s developer, has announced it has won the the fourth phase of the solar power complex Noor Ouarzazate in Morocco.
The Moroccan Agency for Solar Energy (MASEN) has launched a request for pre-qualification (RFPQ) to develop the Noor Midelt Phase I Projects.
ACWA Power Khalladi has confirmed final orders to suppliers and contractors for the construction of its Wind Power Project in the North of Morocco, following all conditions precedent for its landmark project financing being satisfied.
Voltalia expands its project portfolio in Morocco and announces to be in negotiations with Martifer Solar
Voltalia has announced the acquisition of Alterrya Maroc, a renewable energy project development company in Morocco and negotiations with Martifer Solar’s shareholders with a view to acquire this company.
According to sources, the top three bidders for the 170 MW Noor 1 PV plants in Morocco are the teams led by Alfanar, ACWA and Fotowatio Renewable Ventures (FRV).
Morocco has received a total of 93 expression of interest (EOI) documents from for a US$4.6 billion gas to power project at Jorf Lasfar.