Steel Guru
Reuters reported that Morocco’s state run power utility ONE has invited companies to submit expressions of interest in five wind farm projects with a total power generation capacity of 850 MWs in the energy importing country.
ONE said that it will take bids until March 2nd 2012 from firms or consortia for the development, design, financing, construction, operation and maintenance of the five projects.Bidders who pass the preliminary, expression of interest phase will be invited to bid in an international tender, which will be launched in the second quarter of this year.ONE said in a statement that “The 850 MW wind farm project will be structured under a build, own, operate and transfer scheme.”Renewable energy is seen as vital to a country that has no oil or gas of its own and aims to diversify its exports to an energy hungry trade partner, the European Union. ONE also needs to provide for a domestic electricity demand that grows by an annual 6%. The project will be realized under a public private partnership with ONE, the Energy Investments Company and King Hassan Fund, all owned by the state. The tender also includes the separate procurement and maintenance of a 200 MW wind farm.Morocco aims to tap its wind potential to raise power generation from wind farms to 2,000 MWs by 2020 from 280 MWs currently at a total cost of MAD 31.5 billion.A government official said that “Our studies show that we can generate up to 25,000 MWs from wind power alone.”Morocco has embarked on one of the world’s biggest renewable energy development plans involving solar and wind power. The solar power plan is worth USD 9 billion in investment and will include five power stations to account for 38% of the country’s installed power generation capacity by 2020.Together, the wind and solar energy development schemes should reduce Morocco’s annual imports of fossil fuels by 2.5 million tonnes of oil equivalent and prevent emissions of 9 million tonnes of carbon dioxide.Morocco aims to export surplus electricity to Europe via Spain, where it has a power market trading licence that allows it to sell electricity. ONE doubled the capacity of its inter connector to Spain to 400 MW in 2007.(Sourced from www.reuters.com)
