World Bank

World Bank approves US$125 million financing for second Moroccan PV and Concentrated Solar Power complex NOOR Midelt

The World Bank will provide US$125 million in additional financing for the Noor-Midelt 1 and II plants, which include a combination of concentrated solar power (CSP) and PV. The additional financing for the projects, which are set to have a capacity of 600-800MW, includes US$25 million from the Clean [...]

World Bank Approves Additional Financing for Morocco to Develop a Second Concentrated Solar Power Complex

The World Bank announced today US$125 million in additional support for Morocco’s adoption of innovative solar technology, as part of the national goal of developing the country’s world-class solar and wind energy resources to reduce the dependence on fossil fuels and move toward a green energy future. The additional financing, [...]

DEWA and World Bank Group co-host Concentrated Solar Power workshop

Dubai Electricity & Water Authority (DEWA) and the World Bank Group co-host a workshop on Concentrated Solar Power (CSP) Markets, System Value, and Financing. This is part of the World Bank’s Clean Technology Fund (CTF)-supported MENA CSP Knowledge and Innovation Programme (KIP). The workshop explains how Dubai is successfully integrating [...]

World Bank on concentrated solar power jobs boom

With nearly 10 million people working in renewables worldwide, Morocco - and soon Dubai - add thousands of jobs thanks to solar power that can be used at night. Concentrated solar power (CSP) has the ability to store energy to use when the sun isn’t shining. Morocco leads the [...]

2017-10-16T12:08:24+00:00 16-10-2017|Categories: BREAKING NEWS, NEWS, Sin categoría, Top News|Tags: , , , |

KaXu Solar One I Concentrated Solar Power in South Africa

The International Finance Corporation (IFC), the private sector arm of the World Bank Group, is one of the largest development finance institutions supporting the private sector in emerging markets. IFC was responsible for facilitating the structuring of the financing package for the KaXu Solar One project located in South [...]

Concentrated Solar Power Sparks Jobs, Technology, Investment in Morocco

Concentrated Solar Power, CSP, is huge in Morocco. Literally, it’s huge. Panels almost the size of tennis courts stretch across acres of desert at the 4 Noor plants in Ouarzazate, providing enough power to light up Marrakesh at night. Learn how it’s done, what it means to the Moroccan economy [...]

New World Bank Program Explores Concentrated Solar Power Potential in Middle East & North Africa

Morocco’s Noor-Ouarzazate Solar complex hosts the launch of the World Bank Middle East & North Africa Concentrated Solar Power Knowledge & Innovation Program. More than 100 senior energy officials from 7 MENA countries have gathered in Ouarzazate, Morocco for the first session of the World Bank Middle East & [...]

World Bank Program Explores Concentrated Solar Power Potential in Middle East & North Africa

Morocco’s Noor-Ouarzazate Solar complex hosts the launch of the World Bank Middle East & North Africa Concentrated Solar Power Knowledge & Innovation Program More than 100 senior energy officials from 7 MENA countries have gathered in Ouarzazate, Morocco for the first session of the World Bank Middle East & North [...]

IFC supports concentrated solar power complex in Morocco

IFC, a member of the World Bank Group, has agreed to a $20 million equity investment in ACWA Power Ouarzazate, which has developed the 160 MW NOORo 1 concentrated solar power (“CSP”) parabolic trough plant with three-hour storage near Ouarzazate, Morocco.  IFC’s investment will help support the development of Morocco’s [...]

Morocco: Why Invest in Concentrated Solar Power?

New technologies are often caught in a bind. Their true value only emerges once people begin to use them, but until they have a proven track record few are willing to try. Breaking out of that bind and establishing a track record requires someone with vision – who can both [...]

Why is Concentrated Solar Power right for the Middle East and North Africa?

The Middle East and North Africa (MENA) region has some of the world’s best solar energy resources. Compared to the rest of the world, MENA’s solar resources have great potential for concentrated solar thermal power (CSP) because the technology uses both light and heat from the sun.  Heat from MENA’s [...]

First Concentrated Solar Power (CSP) plant in Morocco solar mega solar energy project to open in 2015

Morocco's first Concentrated Solar Power plant will begin operating in 2015 as part of a multi-billion-euro project the oil-scarce kingdom hopes will satisfy its growing energy needs.

Expansion of Morocco’s Largest Concentrated Solar Power (CSP) Complex to Provide 1.1 Million Moroccans with Solar Energy

The Concentrated Solar Power (CSP) project will back the government’s strategy of harnessing power from the sun through the use of concentrated solar power technology.