Saturday, November 23

EDF To Boost Activities In Morocco

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by Mariyana Yaneva

Morocco

French power utility EDF (EPA:EDF) plans to boost its activities in Morocco with a view to support the kingdom’s energy transition and economic development, Jean-Bernard Levy, the CEO and chairman of EDF told local media.

“Morocco is a country of strategic interest to EDF,” Levy noted during a recent visit to Morocco to celebrate 20 years of EDF operations in the North African country. He added that Morocco’s energy policy is perfectly aligned with the company’s strategic goals for international development.

EDF is willing to continue developing renewable energy projects, putting to use its know-how in the solar and wind sector, in particular, as well as in energy efficiency and hydro power.

Via its renewables arm EDF Energies Nouvelles, the French company is currently working on a 150 MW wind power project, alongside partner Japanese trader Mitsui & Co (TYO:8031). The two won the project in 2012 tender with a price of MAD 0.57 (USD 0.057/ EUR 0.053) per kWh but problems with land ownership on the site have delayed the project so far. Once construction is underway, completion is expected within 18 months.

The Moroccan Agency for Sustainable Energy (Masen) has announced plans to kick off tenders for two solar power plants totalling 800 MW this year.

by Mariyana Yaneva

Mariyana is a founding member of the SeeNews Renewables team. With nine years of professional experience in renewables she has built strong expertise in the wind industry and French-speaking markets.

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