Tender for 500MW Moroccan solar PP before year end
EIB has set aside funding for project, wants World Bank to contribute.
The Moroccan Agency for Solar Energy is planning to launch a tender for a 500MW solar power plant before the year is out. The project will receive funding by the European Investment Bank (EIB), and potentially the World Bank, and part of the electricity produced will be sold to the European market, reported the Asharq Al Awsat daily on Thursday.
The Request for Proposal (RfP) documents have almost been completed, and the tender launch for the construction and management of the plant, to be built in a suburb of the southern city of Ouarzazate, is imminent, says the paper.
Construction of the plant is envisaged to begin in the second half of 2011, with the plant scheduled to be operational in early 2014, it adds.
The EIB is planning to invest EUR20 billion over the coming decade to add 20GW of green energy capacity in Mediterranean countries facing Europe, said Curtaz according to Asharq Al Awsat.
Morocco recently signed the first agreement to export green electricity to France, the daily reports citing Philippe Lorec, coordinator of the Mediterranean Solar Plan for France, who added that the electricity will be produced in the Beni Mathar solar energy plant in the northeast of the North African country.