Morocco solar power

EU Funds Morocco’s Largest Solar Power Project

Morocco’s ambitious Noor-Quarzazate project has received financial backing from the European Union. The European Union (EU) has granted a $47.8 million loan to the Moroccan Agency for Solar Energy (MASEN) for the 150 MW Noor III concentrated solar power project. According to media reports, the agreement was signed by EU Commissioner for … [continued]

Morocco Stays Renewable Energy Course Amidst Arab Spring

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. […]

Africa at the Energy Crossroads: AfDB Finances Historic Renewable Energy Projects in South Africa, Morocco

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.

World Bank Group Co-Finances Morocco’s Ouarzazate 500 MW Solar Thermal Power Project

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.