Connect with us

Hi, what are you looking for?

CleanTechnica

Clean Power

160 MW Of Moroccan Concentrating Solar Power Coming Online

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 in a position to acquire Abengoa’s assets, should the Spanish company go bankrupt.

morocco

The dramatic drop in the price of PV solar has not been good for concentrating solar power, which is now much more expensive, “The debate of whether CSP or PV power plants will prevail has been argued for several years. When looking at current and future price levels CSP has—and will have—the highest levelized cost of  electricity (LCOE; €/kWh). Due to large price reductions in PV over the last few years the LCOE of PV is about half the cost of CSP, and will remain so until 2030 [1].”

Another advantage of PV solar farms is that they take less time to complete. Solar thermal plants can include a way to store a heated material and can generate electricity at night, however — but cost-effective energy storage in the form of batteries is becoming more common too.

Once the second and third phases of the Ouarzazate solar power plant are up and running, it will be able to store energy for about 8 hours. Also, when the plant is fully operational, it will provide electricity to an estimated one million homes.

By 2020, Morocco will get about one third of its electricity from solar power. The government has been pushing to get more from renewables because it historically has been over-reliant on imported fossil fuels. Dr. Hakima El Haiti, Morocco’s Environment Minister, explained, “We are not an oil producer. We import 94% of our energy as fossil fuels from abroad and that has big consequences for our state budget. We also used to subsidise fossil fuels which have a heavy cost, so when we heard about the potential of solar energy, we thought; why not?”

It has been written that Morocco has about 3,000 hours of sunshine annually, so it has plenty of solar power potential.

Image Credit: Donar Reiskoffer

 
 
Appreciate CleanTechnica’s originality? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.
 
Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.

New Podcast: Cruise Talks Autonomous Driving Tech, Regulations, & Auto Design

New Podcast: Battery Mineral Mining Policies & Regional Trends

Written By

Hello, I have been writing online for some time, and enjoy the outdoors. If you like, you can follow me on Twitter: https://twitter.com/JakeRsol

Comments

#1 most loved electric vehicle, solar energy, and battery news & analysis site in the world.

 

Support our work today!

Advertisement

Power CleanTechnica: $3/Month

Tesla News Solar News EV News Data Reports

Advertisement

EV Sales Charts, Graphs, & Stats

Advertisement

Our Electric Car Driver Report

30 Electric Car Benefits

Tesla Model 3 Video

Renewable Energy 101 In Depth

solar power facts

Tesla News

EV Reviews

Home Efficiency

You May Also Like

Clean Power

Why bury old coal power plants in the ground when you can repurposed them as super-duper energy storage systems?

Energy Storage

Spanish renewable energy giant and offshore wind energy leader Siemens Gamesa Renewable Energy last week inaugurated operations of its electrothermal energy storage system which...

Batteries

In a recent article, we found that curtailment of renewables may be cheaper than grid scale energy storage. Sometimes, the simplest solution is the...

Clean Transport

Tesla reached out to CleanTechnica with news that it will be boosting the speeds of existing Supercharging V2 stations from the current 120kW max...

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.