[Africas largest wind farm]
Morocco is now set for the implementation of a 9-year 2,000 MW wind power expansion plan after resolving two major stumbling blocks to the construction of its largest wind farm near the city of Tarfaya.
The 300 MW wind farm project in Morocco, the largest in Africa, is ready for take-off following the signing of a 20-year power purchase agreement (PPA) between the countrys power utility Office National de IElectricite (ONE) and a consortium of Nareva Renouvelables SA and International Powers Dubai-based subsidiary Kahrabel FZE. ONE also says the project has achieved financial closure after a consortium of banks, including Moroccos Attijariwafa Bank, Banque Marocaine du Commerce Extérieur (BMCE) and France's Banque Populaire, committed to financing the project to be constructed under a build, operate and transfer model. No confirmation has been reached on who will supply wind turbines and of what capacity for the project.
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By: Shem Oirere
Morocco is now set for the implementation of a 9-year 2,000 MW wind power expansion plan after resolving two major stumbling blocks to the construction of its largest wind farm near the city of Tarfaya.
The 300 MW wind farm project in Morocco, the largest in Africa, is ready for take-off following the signing of a 20-year power purchase agreement (PPA) between the countrys power utility Office National de IElectricite (ONE) and a consortium of Nareva Renouvelables SA and International Powers Dubai-based subsidiary Kahrabel FZE. ONE also says the project has achieved financial closure after a consortium of banks, including Moroccos Attijariwafa Bank, Banque Marocaine du Commerce Extérieur (BMCE) and France's Banque Populaire, committed to financing the project to be constructed under a build, operate and transfer model. No confirmation has been reached on who will supply wind turbines and of what capacity for the project.
According the regulation of copy right in Korea, it is allowed to see full article by clicking the below news title.
Please click the title of news to see full article.
By: Shem Oirere