NOORo II 200MW and NOOro III 150MW concentrated solar power plants

15/5/2015
Project development

Announced

15/5/2015


Overview:

  • NOORo II 200MW and NOOro III 150MW concentrated solar power plants.
  • MASEN (Moroccan Agency for Solar Energy) awarded a contract to ACWA Power, a Saudi Arabian electricity company, and Sener JV to develop NOORo II, a concentrated solar power (CSP) plant parabolic trough project with a capacity of 200MW, and NOORo III, a CSP solar project with a capacity of 150MW.
  • The two projects are part of the NOOR PV I, a state run programme to develop three photovoltaic power plants, one of which is already operational. 
  • African Development Bank, Agence Française de Développement, Clean Technology Fund, European Commission, European Investment Bank, KfW Bankengruppe, World Bank are providing funding for the projects.
  • MASEN purchased power under a 25-year power purchase agreements from the project companies. 
  • MASEN owns a 25% stake in NOORo II and NOORo III.

Rani Mehta - Journalist  

 

 

Continue reading...

New to IFLR1000?

Register today for FREE:

  • Understand market dynamics, with data broken by deal type and more
  • Access law firms and lawyers involved in deals
  • Gain unique insight into lawyers recent work
REGISTER NOW

Sign in