MEED reported that Morocco’s King Mohammed VI has unveiled plans to develop USD 9 billion national solar power project with total capacity of 2,000 MW. As per report, this is equivalent to 38% of the country’s current installed capacity.

The project is scheduled to be completed in 2020 and will be set up on 5 sites across the kingdom. It will cover a total area of 100 square kilometers at Ouarzazate, Ain Beni Mathar, Foum al Oued, Boujdour and Sebkhat Tah.

The first plant will be commissioned in 2015 and the last plant at the end of 2019. The scheme will save 1 million tonnes of oil equivalent a year in energy. This is equivalent to USD 500 million. It will also reduce carbon dioxide emissions by 3.7 billion tonnes per year.

(Sourced from MEED)