(MENAFN- Morocco World News) Casablanca — The Saudi company Acwa Power has won the Noor Ouarzazate solar complex market.
The Saudi corporation Acwa power deals with the development and exploitation of central electric parks and water units and has recently won the market for Noor Ouarzazate's 4th phase of development, reports Medias24.
Nour Ouarzazate is a large scale solar power complex located 10 km away from Ouarzazate and currently produces 160 MW of energy during the day and has a stock capacity of 3 hours overnight.
Acwa's win is far from surprising as Acwa Power's participation in Noor Ouarzazate's development has been significant so far. They had won the markets for phases 1, 2 and 3 of development. Noor
Acwa Power president Mohammed Abunayyad announced the win at a press conference on Thursday, November 10. 'We will sign principal conventions with MASEN next week,' he declared.
Noor Ouarzazate's fourth phase will consist in the development of photovoltaic technology that should have a capacity of 135 MW and will cost approximately 2.2 billion DH, reports Medias24.
Acwa power is currently present in more than 11 Middle Eastern and North African countries.
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