See also:
» 16.11.2009 - Lower levies on trade – federation official calls
» 20.10.2009 - DRC and Morocco elected to new forest financing programme
» 18.09.2009 - Competition in Morocco's telecom market increasing
» 31.03.2009 - Morocco and Tunisia get $2.5 billion in energy investments
» 20.03.2009 - $1.5 million grant for Morocco tech development
» 09.03.2009 - Morocco announces $10 billion investment in the energy sector
» 09.10.2008 - Moroccan solar partnership to expand business interest to N/Africa
» 07.11.2006 - Moroccan ADSL market grows by 300%

China wholesale online through

Houlihan's coupons

Finn autentiske matoppskrifter fra hele verden på
Gazpacho Børek Kartoffelsalat Taboulé Gulasj Albóndigas Cevapi Rougaille Japrak sarma Zwiebelbrot Klopse Giouvetsi Paella Pljeskavica Pica pau Pulpo a la gallega Flammkuchen Langosj Tapenade Chatsjapuri Pasulj Lassi Kartoffelpuffer Tortilla Raznjici Knödel Lentejas Bœuf bourguignon Korianderchutney Brenneslesuppe Proia Sæbsi kavurma Sardinske calamares

Autentiske matoppskrifter fra hele verden finner du på
Réunion Portugal Aserbajdsjan Serbia Tyskland Seychellene Bosnia Spania Libanon Belgia India Kroatia Hellas Italia Ungarn Komorene Georgia Mauritius Østerrike Romania Frankrike

Technology | Environment - Nature | Economy - Development

Morocco secures wind farm investment

afrol News, 16 June - Morocco has secured a sizeable investment in its wind farm initiative, as part of a response to the country's energy needs, using renewable sources.

The deal comes following conclusion of a strategic partnership, between Abu Dhabi National Energy Company PJSC (TAQA), and Paris based THEOLIA, a leader in production of electricity from wind energy, for construction and operation of a 300 MW wind farm located in Tarfaya, Morocco.

Morocco has since early 1990s undertook studies on Atlantic coast and north-east part of the country to explore suitable locations for wind farming. The country has some of meanest wind velocity locations measured at about 11.5 m/s at a height of 40m.

The new deal will also enhance studies on possibility of optimizing wind sites in Morocco, in the Abdelkhalek Torres wind farm near the current site. According to the new partnership, completion of studies could offer a double opportunity, being possible repowering of 84mw turbines commissioned in 2000 and possible extension of the wind farm by several hundred additional MWs.

Commenting following sealing the deal, both companies' leadership expressed high hopes in placing renewable wind farms energy in emerging markets.

"Today's announcement is a real milestone for TAQA; it marks our first step into renewable energy. Our strategy is to diversify across the energy value chain in different territories, and by joining forces with THEOLIA, we feel that we are in a good position to bid for new wind farm capacity," said Mr Peter Barker-Homek, Chief Executive Officer of TAQA.

He further said the deal was truly in line with the company's growth strategy and vision.

Jean-Marie Santander, Chairman and CEO of THEOLIA, was also optimistic, saying "This alliance confirms the development strategy of THEOLIA in emerging markets. Together, THEOLIA's expertise and TAQA's strength will give birth to a major player in the production of electricity from renewable energy in Morocco and the emerging markets in general."

The government-controlled Taqa, one of the largest energy investment companies in the Middle East, owns and operates a 1,356 mw thermal power station in Morocco, which provides half of the country's electricity.

Though financial details of the new deal were not disclosed, reports have hailed it as one of milestones towards Morocco meeting its energy production targets.

- Create an e-mail alert for Morocco news
- Create an e-mail alert for Technology news
- Create an e-mail alert for Environment - Nature news
- Create an e-mail alert for Economy - Development news

    Printable version

On the Afrol News front page now

Rwanda succeeds including citizens in formal financial sector

afrol News - It is called "financial inclusion", and it is a key government policy in Rwanda. The goal is that, by 2020, 90 percent of the population is to have and actively use bank accounts. And in only four years, financial inclusion has doubled in Rwanda.

Famine warning: "South Sudan is imploding"

afrol News - The UN's humanitarian agencies now warn about a devastating famine in Sudan and especially in South Sudan, where the situation is said to be "imploding". Relief officials are appealing to donors to urgently fund life-saving activities in the two countries.
Panic in West Africa after Ebola outbreak in Guinea

afrol News - Fear is spreading all over West Africa after the health ministry in Guinea confirmed the first Ebola outbreak in this part of Africa. According to official numbers, at least 86 are infected and 59 are dead as a result of this very contagious disease.
Ethiopia tightens its already strict anti-gay laws

afrol News - It is already a crime being homosexual in Ethiopia, but parliament is now making sure the anti-gay laws will be applied in practical life. No pardoning of gays will be allowed in future, but activist fear this only is a signal of further repression being prepared.
Ethiopia plans Africa's biggest dam

afrol News / Africa Renewal - Ethiopia's ambitious plan to build a US$ 4.2 billion dam in the Benishangul-Gumuz region, 40 km from its border with Sudan, is expected to provide 6,000 megawatts of electricity, enough for its population plus some excess it can sell to neighbouring countries.

front page | news | countries | archive | currencies | news alerts login | about afrol News | contact | advertise | español 

©  afrol News. Reproducing or buying afrol News' articles.

   You can contact us at