Deputy Energy Minister expresses
confidence in finding investors to build vast solar power plants in its
southern desert regions.
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Middle East Online
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MARRAKESH,
Morocco - Morocco said Tuesday it is "very confident" of finding the
investment needed to build vast solar power plants in its southern
desert regions and become a world-class solar energy producer.
"Our
target is that in 2020, 42 percent of our power supply will come from
renewable energy, including 14 percent from solar," Deputy Energy
Minister Mohammed Zniber said on the sidelines of a conference in
Marrakesh.
"At the moment we have only one solar
installation, in the east of Morocco, at Ain Beni Mathar, with an
installed capacity of 20 megawatts."
But Zniber said
the country expects to build five new solar plants over the next eight
years, with a combined production capacity of 2,000 megawatts and at an
estimated cost of "less than 9 billion dollars."
"We
are sure that a lot of investors will be interested and that we can find
the money for these projects. We are very confident about that," he
added.
Morocco is experiencing a surge in energy demand
in 2012, with power consumption to rise by 10 percent, according to
Zniber, up from 6.5 percent in recent years.
Unlike its
North African neighbours, the kingdom has no hydrocarbon reserves to
speak of, forcing it to spend billions of dollars each year on fuel
imports and relying on Spain to supply its surplus electricity needs via
two interconnectors.
But this has also spurred Morocco
into positioning itself as a world-class producer of renewable energy,
harnessing the power in particular of the wind and the sun, both
abundantly available.
The pilot project at Ain Beni
Mathar is a hybrid plant -- solar and gas -- but the new plants will use
only the sun, with the first, located near the desert frontier town of
Ouarzazate, to have a 500 megawatt production capacity.
"This
is the biggest project of its kind in the world," said Obaid Amrane,
from the Moroccan Agency for Solar Energy (MASEN), explaining that it
was being built in two phases and, when completed in 2015, would cover
3,000 hectares.
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Wednesday, 12 September 2012
Morocco 'very confident' future is solar
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