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Deal #5381 Version #91960

Morocco

Created at

2017-01-16

Last update

2024-02-28

Last full update

2024-04-17

Land area

Intended size

2 500 ha

Size under contract (leased or purchased area)

[2010] 2500 ha
[2011, current] 3043 ha

Size in operation (production)

[2020] 2072 ha
[2023, current] 2699 ha

Comment on land area

To be implemented in phases. Comprises of Noor I, Noor II, Noor III and Noor IV. MASEN procured the first 2500 ha in 2010. Subsequently, three new plots adjacent to the initial site, with a surface area of 543 ha, were procured for future expansion of the complex and implementation of a research and development platform on solar energy, and to secure the landed property in the area. The Ait Oukrour Toundout municipality and its supervisory council approved the sale of the three new plots to MASEN in 2011. Another source mentions that the project site covers about 3,500ha. Polygon indicates area in operation of 2699 ha in 2023 (from google earth).

Intention of investment

[2010] Renewable energy unspecified, Solar park (2500 ha)
[2011, current] Renewable energy unspecified, Solar park (3043 ha)

Comment on intention of investment

Solar project and offsets 773,000t of CO₂ emissions (renewable energy unspecified)

Nature of the deal

Outright purchase

Negotiation status

[2010] Concluded (Contract signed)
[2011, current] Concluded (Contract signed)

Implementation status

[2014] Startup phase (no production)
[2016, current] In operation (production)

Comment on implementation status