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NOORo III CSP IPP

NOORo III CSP IPP

OVERVIEW

The 150 MW NOORo III CSP Project is a greenfield IPP to be developed as the third project for the Moroccan Agency for Solar Energy (MASEN) in a series of several planned developments at the Ouarzazate Solar Complex. The Ouarzazate complex is set to develop into a 500 MW solar park incorporating several utility-scale solar power plants using various solar technologies.

NOORo III will be a CSP tower, with a capacity of 150 MW and 7 hours of storage to be developed on a Build, Own, Operate and Transfer (BOOT) basis.

KEY FACTS

  • LOCATION
    Morocco
  • OFFTAKER
    Moroccan Agency for Solar Energy (“MASEN”)
  • POWER
    150 MW
  • TECHNOLOGY
    Solar tower technology and molten salt thermal energy storage (7 hours)
  • PROJECT COST
    USD 862 Mn
  • COMMERCIAL OPERATIONAL DATE
    Q4 2018
  • ACWA POWER SHARE
    75.0%
  • OFFTAKE CONTRACT
    PPA-BOOT 25 years
  • O&M
    NOMAC 75% | Masen 25%
  • OTHER INVESTORS
    SENER
  • EPC
    SENER
  • NOMAC, Population icon

    2,000 +

    employees across the globe

  • NOMAC, Meter icon

    28,000 + MW

    of power generation

  • NOMAC, Water Meter icon

    5.3 + million m3/day

    of desalinated water production

  • NOMAC, Countries flag icon

    10 + countries

    of global presence

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