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MASEN Integrated Solar Energy Generation Program 2080 MW Morocco - Project Profile

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Synopsis


"MASEN Integrated Solar Energy Generation Program 2080 MW Morocco - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "MASEN Integrated Solar Energy Generation Program 2080 MW Morocco - Project Profile" is part of Timetrics database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary


Moroccan Agency for Solar Energy (MASEN) is undertaking the development of Integrated Solar Energy Generation program in Morocco.

The project involves the construction and operation of five solar power plants on a 10,000ha area. The combined power generation capacity of the five plants is 2,080MW.

The five solar power plants will be located in Ouarzazate, Noor Midelt, Boujdour, Sebkhate Tah, and Foum Al Ouad. The first plant at Ouarzazate will be developed based on CSP parabolic trough technologies.

The Ouarzazate solar power plant is being developed in two phases with a capacity of 580MW. The first phase (Noor I) of the Ouarzazate solar power plant project involves the construction a 160 MW Concentrated Solar power plant with three hour thermal power storage.

In January 2011, 19 consortiums were submitted bids for Noor 1 project, in which four were pre-qualified.

In June 2011, Soitec and Schneider Electric signed a Memorandum of Understanding (MoU) with Masen on integrated partnership on CPV technology in Morocco.

In July 2011, Ministry of Industry and Energy, France announced to allocate US$146 million to help finance Moroccos solar energy plan. The funds would be disbursed by the French Development Agency for the Ain Beni Mathar power plant.

The World Bank provided US$200 million funding for first phase (Noor I) of Ouarzazate Power plant project.

In 2012, ACWA Power Ouarzazate was established to undertake Noor I project. The ACWA Power Ouarzazate will undertake the project in BOOT basis. The shareholders for the companies are ACWA Power (70%), Masen Capital (25%), Aries Ingeniera y Sistemas, S.A. (2.5%) and TSK Electrnica y Electricidad (2.5%).

In April 2013, EPC contract for the first phase of the Ouarzazate Power plant project was awarded to the consortium composed of Acciona, Sener Ingeniera y Sistemas and TSK Electrnica y Electricidad.

May 2013 the construction commenced for Noor I project.

In August 2013, MASEN prequalified following consortium for the second phase of the Ouarzazate power plant:

Three consortiums for Noor II: Abengoa SA and Abengoa Solar ACWA Power and Sener Grupo De Ingeneria SA International Power-GDF Suez and Abu Dhabi Future Energy Company PJSC/MASKER

Four consortium for Noor III: Abengoa SA and Abengoa Solar EDF SA, EDF Energies Nouvelles SA, Brightsource Energy Inc, Brookstone Partners Morocco SA, Alstom Power System SA and Mitsui & Co Ltd International Company For Water and Power Projects and Sener Ingeneria y Systemas International Power-GDF Suez, Solar Reserve LLC and Abu Dhabi Future Energy Company PJSC/MASDAR

MASEN appointed Lahmeyer International GMBH as the PMC contractor for Ouarzazate power plant project.

In November 2013, KfW a German state-owned bank has approved US$881 million loan to finance the second and third phase of Ouarzazate solar power plant project.

In September 2014, the pre-qualified bidders submitted their bids for Noor II and Noor III of the project and bid evaluation for developer contract is underway.

On September 30, 2014 the World Bank approved US$400 million and Clean Technology Fund approved US$119 million for Noor II and Noor III of the project.

On December 4, 2014 the African Development Bank Group (AfBD) approved US$216 million for second phase Noor II and Noor III of the Ouarzazate power plant.

As of December 2014, the consortiums led by ACWA-SENER and Abengoa quoted the lowest bids for second phase Noor II and Noor III projects respectively.

On January 9, 2015, the ACWA Power led consortium with Sener Grupo De Ingeneria SA won the BOOT contract for the second phase NOOR II and NOOR III of the project. ACWA power will be responsible for the design, build, finance, operation and maintenance of the power plant, while Sener provide solar technology (design, supply of components, engineering, construction and commissioning of equipment). ACWA power has offered an electricity price of US$1.47 per kilowatt-hour.

In May 2015, the EPC contract for Noor II and Noor III was awarded to Sener and Sepco III.

On May 27, 2015, the Noor II and Noor II projects completed the financial closure. The project will be financed with a debt/equity ratio of 80/20.

In January 2016, MASEN issued an expression of interest tender for the pre-qualification of bidders for the Noor Midelt power plant with submission date as February 1, 2016.

On February 4, 2016, the Moroccan King Mohammed VI launched the construction of Noor II and Noor III.

In February 2016, the construction activities on Noor I completed.

In February 29, 2016, Kreditanstalt fr Wiederaufbau (KfW) bank and Masen signed the US$437 million funding agreement for Noor Midelt power plant and the financial closure is expected to complete in the first quarter of 2017.

ACWA Power was appointed as the developer of the Sebkhate Tah project in the second quarter of 2017.

Sterling Wilson, Shapoorji Pallonji and Chint Solar were appointed as construction contract of Sebkhate Tah project in the second quarter of 2017.

In January 2018, Construction activities are completed on Noor II project.

Construction activities on Noor III, Noor IV and Sebkhate Tah, the bid evaluation process for Noor Midelt and the planning activities on other projects are underway.

Scope


The project involves the construction of five solar power plants with combined installed capacity of 2,080MW in Morocco.

The US$9,000 million project includes the following:

1. Construction of a 580MW solar power plant at Ouarzazate

2. Construction of a 400MW solar power plant at Noor Midelt

3. Construction of a 500MW solar power plant at Foum Al Ouad

4. Construction of a 100MW solar power plant at Boujdour

5. Construction of a 500MW solar power plant at Sebkhate Tah

6. Construction of power houses

7. Construction of substations

8. Installation of solar panels

9. Installation of generators

10. Installation of transformers

11. Laying of transmission lines

Reasons To Buy


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1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Scope
6.Description
7.Latest update
8.Background
9.Key Contacts
10.General News, Project News
11.Appendix


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Reports Details

Published Date : May 2018
No. of Pages :11
Country :Morocco
Category :Company Profiles
Publisher :Timetric
Report Delivery By :Email
Report Delivery Time :12 to 24 hours after placing the order.

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