EDF & Masdar Enter Morocco Solar Market With Massive 800-Megawatt Win
EDF and Masdar have hit a home run with a huge win under Morocco’s ambitious and aggressive renewable energy program.
EDF and Masdar have hit a home run with a huge win under Morocco’s ambitious and aggressive renewable energy program.
Expanding on its solar power base with a target to significantly increase the share of renewable energy and reduce dependence on fossil fuels, Morocco has floated a tender for a large-scale solar power project. The Moroccan Agency for Solar Energy (MASEN) has invited bids from prospective project developers to set … [continued]
2013 saw less venture capital (VC) funding raised for solar startups than 2012. The 2013 total was $600 million across 97 deals, whereas the 2012 total was $992 million across 106 deals. While solar power is skyrocketing, VC funding has ironically fallen. However, a handful of top solar startups have … [continued]
Morocco’s been able to steer a moderate, largely peaceful course since the Arab Spring, one that includes a strong commitment to realizing the goals of an ambitious national renewable energy / energy efficiency strategy. In a CleanTechnica interview, the director of Morocco’s new renewable energy agency laid out in more detail the aims, underpinnings, and means by which Morocco is working to realize its renewable energy and energy efficiency goals. […]
A 500-MW solar complex at Ouarzazate, in the south-central region of Morocco, should be finished by 2015. The first phase will be a 160-MW parabolic trough facility. Photovoltaic modules and CSP towers will follow, and those projects are under development. When construction begins, hundreds of jobs are expected to be … [continued]
The African Development Bank and South African state-owned electric utility Eskom signed a $365 million loan package that will help fund two historic renewable energy projects. The AfDB also pledged $498 million for Moroccan solar power projects. Africa, along with all nations around the world, stands at an energy crossroads. The AfDB loans will provide a substantive boost as South Africa and Morocco attempt to transition to clean energy economies that may serve as a model across the continent and beyond.