Country
Morocco
Sector
Power / Energy
Intelligence Type
Project
Status / Stage
Operational
Estimated Value
USD 9000000000
Confidence
Highly Confirmed
Latest Development
Project Details
Project TypeConcentrated Solar Power (CSP) Complex
Project OwnerMoroccan Agency for Sustainable Energy (MASEN)
Main ContractorPhase I: TSK/Acciona/Sener consortium; Phase II-III: ACWA Power-led consortium
Project DeveloperACWA Power (operations, via NOMAC subsidiary)
Financing InstitutionAfDB, World Bank, EIB, KfW, Clean Technology Fund, Agence Française de Développement, European Commission
Start DateMay 2013
Actual CompletionFebruary 2016 (Phase I); 2018 (Noor III)
Current PhaseOperational
Funding StatusClosed
Latest Development (Detail)
World's largest concentrated solar power plant; 580MW nameplate capacity across four phases (Noor I-IV), ~1,470 GWh annual generation. Structured as a 25-year PPA/PPP on a Build-Own-Operate-Transfer basis.
Capital & Financing Intelligence
Funding / Amount CommittedUSD 2000000000
Funding Source80% debt (AfDB, AFD, CTF, European Commission, EIB, KfW, World Bank via MASEN) / 20% equity
Commercial Opportunity Intelligence
Commercial ReadinessVery Early
Connected Intelligence
Source & Verification Trail
Last VerifiedMay 2026
Source(s)Power Technology; AfDB Project Completion Report; Wikipedia; Global Infrastructure Hub
Source DateMay 2026