Morocco hailed as 29th most attractive country for renewable energy

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Morocco placed twenty-ninth as the most appealing country in renewable energy worldwide at the same time ranked first and second in the MENA region in Africa, according to Renewable Energy Country Attractiveness Index quarterly report prepared by a multinational

Morocco hailed as 29th most attractive country for renewable energy

Morocco hailed as 29th most attractive country for renewable energy

professional service firm.

Forty most attractive countries were ranked according to their investment opportunities and utilization in renewable energy. The report states that Morocco has moved up two places compared to the last edition, probably brought by comprehensive wind program such as Onee’s proposal for an 850 MW mega-wind project valued approximately $ 1.7 billion.

The closing date for compliance of technical tenders is on June 20 and the opening of tenders is to be held in open session at the offices of the Onee electricity branch in Casablanca. Five companies prequalified including Morocco’s Nareva Holding together with Siemens, Enel Green Power, and Taqa.

The 850 MW mega-wind project consists of five wind farms which are set to be launched between 2016 and 2020. These project are the 100 MW “Tanger II”, 150 MW farm “Midelt”, 200 MW “Jbel Lahdid (Essaouira)”, 100 MW “Boujdour “, and the   300 MW project “Tiskrad (Tarfaya),”.

It is said that Onee had been already prepared for the projects since the end of February and the projects are financed with an estimated amount of € 385 million and $ 31 million (equivalent to DH 4.5 billion).

 

Mohamed Dekkak