Genesis Morocco: Nareva, Kharabel win Moroccan 300 MW wind farm deal

Loading Assets... Please wait

Genesis Morocco

Project Genesis is a strategic sustainable development framework for Morocco to translate from being a net importer of energy and a country facing water shortage issues, into the number one producer both of clean renewable energy and water in the region.

Wednesday, August 1, 2012    <<Home

Nareva, Kharabel win Moroccan 300 MW wind farm deal

Personal Notes: While the selection of Nareva for the Tarfaya project comes as no surprise, what is perhaps more interesting is its partnership with Kahrabel (Kharabel?) FZE, itself a subsidiary of the global energy giant GDF Suez Energy International. Not only is it a further example of local partners pairing with more experienced foreign firms, but Kahrabel's particular experience also extends to desalination. Thus while Tarfaya is, for the present, officially just a wind farm, it would not be surprising to hear of a further expansion to the project, possibly providing further fresh water resources to the coastal desert city of Tarfaya.

RABAT Aug 1 (Reuters: Reporting By Souhail Karam) - Morocco's state power utility ONE has selected a consortium comprised of local Nareva and UAE-based Kharabel FZE to develop a 300-megawatt wind farm in the southern Tarfaya region, the local Les Echos newspaper reported on Wednesday.

Quoting ONE's legal advisers, Chadbourne & Parke, the newsparer said the consortium valued the project at $350 million. A spokesperson for ONE could not immediately comment the report.

The project would be Africa's biggest wind farm.

Genesis Morocco :