ACWA-led group close to winning Morocco solar deal
Consortium reportedly close to winning $500m contract for plant
Reuters has reported that a consortium led by Saudi Arabia’s ACWA is close to being awarded the US $500 million contract to construct a 160 MW solar power plant in Ouarzazate, in south Morocco. A source has told the agency that the ACWA-led bid is the preferred bidder for the deal, which is also being contested by Taqa, Mitsui and Abengoa Solar. An official announcement is expected shortly, with the deal expected to be announced when the solar-powered Solar Impulse plane touches down at the Ouarzazte site following its successful intercontinental flight.
Masen, the country’s solar energy agency, will award the contract as part of its larger plans to implement a solar energy programme that will eventually produce at least 2 GW of power by 2020. The country is aiming to eventually export solar energy to Europe, as a net exporter of electricity. A 500 MW plant at the Ouarzazte site is expected to be finished by 2015.