UPDATE 1-Morocco selects Saudi-led group for major solar plant

By Souhail Karam, Reuters:

A group led by Saudi International Company for Water and Power (ACWA) has won a $1-billion contract to build a 160-megawatt (MW) concentrated solar power plant south of Morocco, which hopes to be a key exporter of clean energy to Europe.

Mustafa Bakkoury, who heads the state’s Solar Energy Agency (Masen), made the announcement at a news conference. ACWA has teamed up with Spanish firms Aries IS and TSK EE for the design, finance, construction, operation and maintenance of the plant near the southern city of Ouarzazate.

An official source told Reuters in June that Masen would select the ACWA consortium for the solar plant, one of the world’s biggest.

Bakkoury said Acwa has priced its offer at 1.62 dirhams ($0.19) for the kilowatt/hour to be produced out of the plant, versus 2.05 dirhams proposed by two other consortia involved in the final selection processes. The two were:

– Abeinsa ICI, Abengoa Solar, Mitsui and Abu Dhabi National Energy Co.

– Enel and ACS SCE… Read more


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