The 150 MW NOORo III CSP Project by ACWA Power is a greenfield IPP to be developed as the third project for the Moroccan Agency for Solar Energy (MASEN) in a series of several planned developments at the Ouarzazate Solar Complex. The Ouarzazate complex is set to develop into a 500 MW solar park incorporating several utility-scale solar power plants using various solar technologies.
NOORo III will be a CSP tower, with a capacity of 150 MW and 7 hours of storage to be developed on a Build, Own, Operate and Transfer (BOOT) basis.
KEY FACTS
Offtaker: Moroccan Agency for Solar Energy (“MASEN”)
Power: 150 MW
Technology: Solar tower technology and molten salt thermal energy storage (7 hours)
Offtake Contract: PPA-BOOT 25 years
O&M: NOMAC 75% | Masen 25%
Other Investors: SENER
EPC: SENER
