Taroudant - Enel Green Power SpA, a unit of Italy’s largest utility, is planning to expand its business activities in Morocco, according to its CEO Francesco Venturini.
Taroudant – Enel Green Power SpA, a unit of Italy’s largest utility, is planning to expand its business activities in Morocco, according to its CEO Francesco Venturini.
During an Italian Economic Development Minister’s mission in Morocco in mid-September, Venturini told the press in a business conference in Rabat that “Morocco has been a renewable energy pioneer in North Africa, establishing challenging targets and promoting a stable and clear regulatory framework for the development of renewables.”
“We have already set foot in the country, establishing a local headquarters, and now we are aiming to grow by installing megawatts and contributing to the achievement of the country’s ambitious energy targets,” he added.
The Italian company, which opened a representative office in Casablanca in May, in order “to step up local activities” targets Morocco for its future development.
As highlighted in the company’s 2015-2019 strategic plan, “the Italian company is bidding in the 850 MW wind power tender which ONEE expects to finalize in several weeks’ time.”
According to the same source, “the growth strategy of Enel Green Power for Morocco includes participation in renewable energy public tenders organized by public utilities such as the national electricity and water utility company ONEE and the Moroccan agency for solar energy MASEN, as well as the development of renewable energy projects as an independent power producer, in line with Morocco’s 13-09 Law on Renewables.”
Morocco’s national energy strategy is targeting to raise the share of renewable energy to 42% of the total installed capacity in the country by 2020, with solar, wind and hydro each contributing 14%.
Moroccan electricity and water utility company (ONEE) is aiming to build solar power plants with a total capacity of 400 MW in three phases, namely Noor Tafilalet, in Zagora, Erfoud and Missour in the south east of Morocco, Noor Atlas – a 200-MW solar power complex and a phase that will have two to four PV plants with a combined capacity of 100 MW-125 MW.