ACWA Power, a Saudi-listed leader in the global energy transition, has secured the Noor Midelt 2 and Noor Midelt 3 solar projects in Morocco. The projects were awarded following an international tender process facilitated by the Moroccan Agency for Sustainable Energy. These two projects are set to significantly contribute to Morocco's efforts to diversify and expand its renewable energy capabilities.

Both Noor Midelt 2 and Noor Midelt 3 will be state-of-the-art photovoltaic power plants, each boasting a 400 MWp capacity, accompanied by an impressive 602 MWh battery energy storage system. These solar plants will be equipped with peak hour storage capacity, enabling a 230 MWac output for two-hour periods. The focus on energy storage will ensure that the plants can supply electricity even when sunlight is unavailable, addressing the intermittency issues typical of solar energy.

Under the Build-Own-Operate model, ACWA Power will have full control over the development, construction, and operation of the plants. The projects will be secured through a 30-year power purchase agreement, which will see MASEN as the off-taker, ensuring a stable and long-term revenue stream. This deal is part of Morocco’s broader strategy to meet its ambitious renewable energy targets, including increasing the share of renewables in the national energy mix.

The projects are designed not only to meet Morocco’s peak electricity demands but also to enhance grid flexibility. By integrating advanced energy storage solutions, Noor Midelt 2 and Noor Midelt 3 will help stabilise the grid, particularly during high-demand periods when renewable generation may fluctuate. This is especially crucial for a country like Morocco, which is heavily investing in renewables to reduce its dependence on fossil fuels.

The renewable energy sector in Morocco has seen rapid growth in recent years, supported by both government policy and international investment. ACWA Power’s successful bid for these two major solar projects is a testament to its expertise and leadership in the global energy transition. By adding these plants to its growing portfolio of renewable projects, the company underscores its commitment to advancing sustainable energy solutions.

The Noor Midelt 2 and Noor Midelt 3 projects align with Morocco’s goal to achieve a 52% renewable energy share in its power generation by 2030. These solar plants will play a critical role in reaching that target, contributing significantly to the country’s reduction of carbon emissions. The projects are expected to help avoid approximately 1.2 million tonnes of carbon emissions annually, further strengthening Morocco’s position as a regional leader in renewable energy.

Morocco's renewable energy ambitions have positioned it as a key player in the global energy market, attracting major international investors like ACWA Power. This partnership is expected to set a benchmark for similar projects across North Africa and the Middle East, where countries are looking to transition away from fossil fuels in pursuit of more sustainable and greener energy solutions.

With the Noor Midelt projects, ACWA Power is making a substantial impact in the Middle East and North Africa region, where solar energy is seen as a critical component of the future energy landscape. The strategic location of Morocco, with its high levels of solar radiation, makes it an ideal location for large-scale solar power plants. The collaboration between MASEN and ACWA Power highlights the effectiveness of public-private partnerships in advancing national energy transitions.

The Moroccan government’s long-term energy plans also focus on enhancing the country’s energy security, ensuring that it can meet both domestic demand and export electricity to neighbouring regions. By diversifying its energy sources and investing heavily in renewables, Morocco is not only safeguarding its energy future but also positioning itself as a regional energy hub, with the potential to export renewable energy to Europe and other neighbouring countries.