News / IFC acquires stake in solar project in Morocco

IFC acquires stake in solar project in Morocco

🕔 December 12, 2016
Greencoat acquires 24 UK solar projects from Canadian Solar

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.  

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