Acwa Power inaugurates first wind farm in Morocco
Power generation technology developer Acwa Power on Sunday inaugurated its 120 MW Khalladi Wind Farm, near Tangiers, in Morocco, which will supply clean power to a number of large industrial companies.
The 1.7-billion dirham, or $170-million, wind farm was developed by Acwa in collaboration with ARIF Investment Fund.
It is located at Jbel Sendouq – 30 km from Tangiers.
Funding was facilitated with equity from Acwa and ARIF, as well as long tenor debt from the European Bank for Reconstruction and Development in collaboration with the Clean Technology Fund and the Moroccan BMCE Bank of Africa.
The plant will produce 370 GWh of energy, while contributing to the reduction of 144 000 t/y of carbon emissions.
The Khalladi project will contribute to the country achieving its 2020 target of increasing the renewable energy component of its energy mix to 42%. The country aims to establish 2 000 MW of wind capacity by 2020.
“We are proud of having been able to establish in Morocco a solid foundation of seven power plants, which will all be operational by the end of this year.”
“With a portfolio valued at more than $3.2-billion, we look forward to participating in the future tenders that will be offered to the private sector for power generation and desalinated water production capacity,” said Acwa chairperson Mohammad Abynayyan.
Comments
The
content
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation