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Morocco: Ouarzazate Concentrated Solar Power Project

2015-11-24 12:18
The proposed Project is fully in line with the 2014-2017 Country Partnership Strategy (CPS) for the Kingdom of Morocco. It will contribute to the development of the CPS results area 2.2 “increase renewable energy generation and enhance energy efficiency,” which is part of Morocco’s effort to reduce its dependence on fossil fuels, protection against excessive fluctuations of prices from fossil fuels, and the development of Morocco’s vast renewable energy resources. Morocco’s new strategy targets a renewable energy capacity of 41 percent by 2020. Morocco estimates that the Morocco Solar Plan, which is to deliver 2000 MW towards Morocco’s renewable energy target, will cost US $9 billion. The country is making resources available accordingly and has created a dedicated agency – MASEN – to implement the Moroccan Solar Plan. https://www.worldbank.org/projects/P131256?lang=en
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