Rabat-Saray Immo signed a pioneering 12-year solar power agreement with Norway’s Empower New Energy yesterday, which was a significant further development in the landscape of renewable energies in Morocco.
Saray Immo, based in Calcium, Morocco, is one of the largest Moroccan industrial and logistics platforms. Norway’s Empower New Energy is a financier and co-developer for renewable energies that finances and owns clean power plants for commercial, industrial and agricultural energy consumers.
The investment of 3.5 million US dollars will finance, build, build and operate two solar systems with a total capacity of 5.8 MWP for Saray -Immo building and at the production facility of sister companies in Calcium, Casablanca.
Norway’s ambassador in Morocco, Sjur Larsen, was the host of the signing ceremony for the project, the new energy, which was assembled with Azolis’ Moroccan subsidiary. Azolis won both the EPC and O&M contracts for implementation.
The solar installation Will cover Around 49,000 square meters of roof areas in the new, highly automated manufacturing facilities from Saray Immo.
The abundant sunshine in Morocco will generate 9,600 MWh of clean electricity annually and significantly reduce the operating energy costs for companies.
In addition to the economic advantages, the project will eliminate around 6,000 tons of CO2 emissions annually and support the ambitious green transition targets in Morocco.
The agreement is a step increase The ambitions of the Morocco to increase the proportion of renewable energies in its electricity generation capacity from 38% to 52% by 2030.
Read too: Report: Morocco takes second place in Africa for the production of renewable energies
This project is the third and largest investment in Morocco to date. In a press release, CEO Terje Osmundsen spoke about the importance of the partnership with the inscription: “I am very pleased to sign this groundbreaking solar investment project in Morocco, a country with great potential for sustainable economic growth, but experienced the effects of global warming.”
For his side, Souheil Badaa, CEO of Tanakoo and representative of Saray Immo, spoke about the orientation of the values
Youssef Tlemcani, co -founder and managing director of Azolis, added: “We are pleased to join this long -term partnership together with Empower New Energy and Saray Immo.”
The project is “a benchmark for the adoption of Clean Energy by industrial players in Morocco”.
Ambassador Larsen praised the aspect of international cooperation and said: “Today is an important milestone in the cooperation between Norway and Morocco.”
He also noticed that “such partnerships Pave the way On the way to a more environmentally friendly and more successful future for everyone, “points out that” this agreement emphasizes the enormous opportunities for the cooperation between Norwegian and Moroccan business partners “.
The project is just an example of an emerging trend in which the industrial leader in Morocco’s solutions for renewable energies take up to reduce both the environmental impact and the operating costs and at the same time contribute the country’s sustainability goals.
