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EGP, Nareva and Siemens win preferred bidder status for 850MW of wind capacity in Morocco

CTBR Staff Writer Published 11 March 2016

A consortium comprising Enel Green Power (EGP), Nareva and Siemens Wind Power have won the preferred bidder status in a 850MW wind power tender in Morocco.

The consortium has been pre-awarded the right to develop, design, finance, build, operate and maintain the 150MW Midelt, 100MW Tanger, 200MW Jbel Lahdid, 300MW Tiskrad and 100MW Boujdour wind projects.

The first three of the facilities will be developed in the northern part of Morocco, while the other two will be built in southern part of the country.

The Moroccan utility ONEE (Office National de l'Electricité et de l'Eau Potable) launched the wind power tender.

ONEE is yet to sign 20-year power purchase agreements for the plants with the three companies.

EGP and Nareva will set up and own five special purpose vehicles holding the projects. Siemens Wind Power will deliver the wind turbines, with various components manufactured locally.

The companies expect to invest about EUR1bn on the five projects, which are anticipated to be completed and start operations between 2017 and 2020.

Upon completion, the five projects will contribute in addressing growing energy demand in Morocco and the country's goal to increase electricity generated from renewable sources.

Currently, renewables account for around 32% of the Kingdom of Morocco's generation mix. The country intends to increase the share to 42% by 2020 and 52% by 2030.

EGP CEO Francesco Venturini said: "We are leveraging on our knowledge and expertise, in collaboration with our partners, to contribute to Morocco's ambitious energy plan that has renewables at its core.

"The country is an example in North Africa of reliability and transparency in supporting the development of renewable technologies."