Masen and EDF complete the financing of the Nassim Koudia Al Baida wind farm

King Mohammed VI has given a major impetus to the Kingdom’s energy development, capitalizing on its strong renewable potential, in particular through the national wind power plan, whose consecrated name is now “Nassim”.

Masen and its partner EDF Renouvelables have announced the financial closure of the repowering of the Nassim Koudia Al Baida Wind Farm in Morocco. This repowering will make it possible to double the production capacity to 100 MW instead of the 50 MW initially installed in 2000 by the National Office for Electricity and Drinking Water (ONEE).

The project is financed by the use of commercial loans from both national and international banks, namely: AttijariWafa bank, Banque Centrale Populaire, Bank of Africa, European Bank for Reconstruction and Development (EBRD) and Société Générale France.

The financial closure of Nassim Koudia Al Baida announces the immediate launch of construction work on the wind farm and in particular the manufacture of the blades, provided by Siemens-Gamesa in its Tangier plant. As soon as it comes into operation, scheduled for the 2nd quarter of 2024, the annual electricity production of Nassim Koudia Al Baida will meet the consumption needs of around 420,000 inhabitants and will avoid the emission of the equivalent of 308,000 tonnes of CO2. per year.

The project will help promote public-private partnerships in the electricity sector in Morocco and increase the share of renewable energies in the energy mix in line with the country’s transition program to green energy. The Project, which should continue to reduce Morocco’s dependence on imports of expensive hydrocarbons, will lead to a considerable reduction in CO2 emissions of more than 175,000 tonnes per year.

It also covers the development of a 100 MW wind power generation site and the construction of two high-voltage power lines with a length of 10 km ml17238f-0. It takes place essentially on land already occupied by an existing 50 MW wind farm which will be dismantled. The two high voltage power lines will follow an existing power line corridor. The Project falls under Category A, as it is located on a major migratory route (the Strait of Gibraltar) and presents risks of collision and electrocution for birds. This risk is accentuated by the proximity of existing wind farms.

The Nassim wind power plan, like the Noor solar plan, brings together under the same name all the wind power projects supported by Masen, contributing to the Kingdom of Morocco’s objective of achieving at least 52% renewable capacity in its electricity mix by 2030.

At the end of 2021, 4109 MW are in operation in wind, hydraulic and solar power. The Masen Group places the development of renewable resources at the heart of its strategy, to create an inexhaustible force for economic, social and environmental development for Morocco and beyond.

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