Solar Novus Today
Organised byMagenta Global(Republic of Singapore), the 4th Annual Maghreb/Middle East Renewable Energy Summit 2012 will convene on 16-17 April 2012 at the Hyatt Regency Casablanca in Casablanca, Morocco. (The “Maghreb” region, which includes Algeria, Libya, Morocco and Tunisia, is part of both Africa and the Arab world.)
Power executives from Morocco, Tunisia, Algeria, Libya, Egypt, United Arab Emirates (UAE), Bahrain, Oman, Jordan, Turkey and Ethiopia, among others, will be in attendance to discuss the latest project updates and new tenders in the pipeline in 2012. In Morocco, the second round for wind power bidding has just been concluded and the financial close for these projects is expected by July 2012. Morocco’s Sovereign Wealth Energy Fund continues to welcome new equity partners for its new tranches of funding. (A “tranche” is one of a number of related securities offered as part of the same transaction, e.g., Class A, Class B.)
Supported by the Ministry of Energy, Mines, Water and Environment, this Casablanca Summit agenda offers not only expert insights on key challenges on the emerging renewable energy regulatory framework, but also the latest project and market updates from: regional energy regulators, general companies (gencos), transmission and distribution (T&D) companies, independent power producers (IPPs), renewable project sponsors, financiers and investors.
With rising fuel prices and new favourable feed-in tariff (FiT) policies promulgated in many Middle East and North Africa (MENA) countries providing the push and pull incentives, the growth potential for renewable energy in this region is indeed limitless.
Influential industry heavyweights who are confirmed to speak at the event include the International Renewable Energy Agency (IRENA), Renewable Energy and Energy Efficiency National Agency (ADEREE), Overseas Private Investment Corporation (OPIC), Centre de Developpement des Energies Renouvelables (CDER), Saudi Electricity (SEC), The Renewable Energy Authority of Libya, Ethiopian Electricity Agency, Energy Poles, KEMA Nederland BV, IDECO Electricity Company, ANME (Tunisia), Sharjah Electricity and Water Authority (SEWA), Mazan Electricity Co., Electricity Production Electricity and Water Authority, Sahara Wind Inc., The World Bank, Morocco Agency for Solar Energy (MASEN), National Meteorological Directorate, Egyptian Electricity Regulatory Agency, Ministry of Energy and Natural Resources (Turkey) and many more.
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