Deal #5381

Morocco
Created at
2017-01-16
Last update
2024-07-08
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

Intention of investment
  • [2010] Solar park (2500 ha)
  • [2011, current] Solar park (3043 ha)
Comment on intention of investment
Solar project and offsets CO₂ emissions (renewable energy unspecified)

Carbon offset project

Carbon offset project
Yes
Comment on carbon offset project
offsets 773,000t of CO₂ emissions

Nature of the deal

Nature of the deal
Outright purchase

Negotiation status

Negotiation status
  • [2010] Concluded (Contract signed)
  • [2011, current] Concluded (Contract signed)

Implementation status

Implementation status
  • [2014] Startup phase (no production)
  • [2016, current] In operation (production)
Comment on implementation status
Start of commercial operations-- Noor I: February 2016, Noor II: 2017, Noor III: 2018

Contract farming

Contract farming
No