Electricity generated by the first 160-megawatt portion of the 580-megawatt Ouarzazate CSP plant will be added to the grid in Morocco beginning in December. The World Bank and the European Investment Bank have provided about $9 billion in loans for the huge project. ACWA Power was behind the fundraising and it might be … [continued]
The 160 MW concentrated solar power (CSP) plant in Ouarzazate, Morocco, began on Friday with a symbolic groundbreaking ceremony by King Mohammed VI. The parabolic trough CSP independent power project is being built by a consortium led by ACWA Power and including Acciona, Sener and TSK. The contract was awarded to the … [continued]
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 World Bank Group is providing $300 million in loans to co-finance Ouarzazate, a 500 MW Concentrated Solar Power Plant that would be one of the largest in the world upon completion. The World Bank Group’s IBRD and Clean Technology Fund are members of a public-private partnership with the Moroccan Agency for Solar Energy that also includes includes four international lenders from Europe and Africa.
