Nareva, Enel and Siemens selected to build $1.1bn wind power projects in Morocco | Energy Business Review
Morocco has inked a deal to build five new wind power projects, adding a total of 850MW capacity to Morocco’s already vast renewable energy production:
The Moroccan utility Office National de l’Electricité et de l’Eau Potable (ONEE) has selected a consortium comprising the Moroccan energy company Nareva, Enel Green Power (EGP) and Siemens Wind Power to develop wind projects with an investment of approximately €1bn ($1.1bn).
Upon signing of the contract, the consortium will develop, design, finance, construct, operate and maintain five wind projects, which have a combined power generation capacity of 850MW, in Morocco.
EGP CEO Francesco Venturini said: “We are leveraging on our knowledge and expertise, in collaboration with our partners, to contribute to Morocco’s ambitious energy plan that has renewables at its core…[FULL STORY]