This entry passed through the Full-Text RSS service - if this is your content and you're reading it on someone else's site, please read the FAQ at http://ift.tt/jcXqJW.
Sunday 26 Apr 2015 - 15:30 Makkah mean time-7-7-1436
(Image Morocco World News )
Rabat, (IINA) - Saudi energy giant ACWA Power is planning to launch wind power projects in Morocco and other countries, MWN reported citing Hespress online news.
Paddy Padmanathan, president and CEO of ACWA power, said the company will invest $12 billion in current and new renewable energy projects in these countries.
He added that the Saudi Group is competing for three wind power tenders totaling 850 MW in Morocco’s wind power expansion plan, the largest in the world.
Padmanathan, whose company had participated at the 17th edition of water, energy, technology and environment exhibition (WETEX 2015) at the Dubai International Convention and Exhibition Centre, said ACWA’s plans to build two solar power plants in southern Morocco are still in the preliminary phases.
Last January, a consortium led by ACWA Power International won a $2 billion contract to build two solar power plants in the southern city of Ouarzazate.
The two plants totaling 350 megawatts are the second phase of the 500MW Ouarzazate project, which aims at producing 2 gigawatts of solar energy by 2020
SM/IINA
|
No comments:
Post a Comment