Electricity

Morocco: Siemens, Nareva et Enel to build $1.2 bn worth of wind plants

Thursday, 10 March 2016 19:14

In Morocco, a consortium including Nareva, Siemens and Enel won a contract for the construction of the Midelt, Tiskrad, Tanger, Jbel Lahdid and Boujdour wind plants with a total capacity of 850 MW. The plants whose construction should end between 2017 and 2020 will cost $1.2 billion. Their construction falls under Morocco’s energy policy which aims to establish 2 GW of wind plants by 2020.

Under the contract, Siemens is to build in Morocco, a rotor blades-production unit. Costing €100 million, the side project will allow the creation of 1,200 jobs, thus boosting the German firm’s presence in the Christian Kingdom. Production of blades is to start by 2017.

“We invest where returns seem most promising. And Morocco is perfectly located to supply North Africa, Middle East and Europe whose respective wind energy markets are booming,” said Markus Tackle, Director General of Siemens’ clean energies department while talking about the construction.

Gwladys Johnson

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