Page 8 - AfrElec Week 37 2022
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AfrElec                                        INVESTMENT                                             AfrElec


       Saudi ACWA Power





       announces plans to





       expand into Morocco






        MOROCCO          SAUDI renewable energy and power generator  costs low.
                         group ACWA Power announced plans to expand   Morocco suffers from low rainfall, rising tem-
                         in the Moroccan market over the coming few  peratures, and droughts that pose water supply
                         years as part of a wider strategy to enter African  challenges.
                         markets, including South Africa, the group’s CEP   In 2018, the Moroccan government launched
                         Paddy Padmanathan told daily Arab News on  the MAD 4.48bn ($417mn) Chtouka Aitbaha
                         Wednesday, September 14.             water desalination plant in Agadir under a pub-
                           The increasing need to guarantee water secu-  lic-private partnership. The plant started opera-
                         rity in the MENA region to meet the needs of  tions last March. The country’s National Office
                         a growing population is pushing governments  of Electricity and Drinking Water (ONEE)
                         in the region to implement water desalination  announced plans to construct seawater desali-
                         projects, Padmanathan said, noting that global  nation plants in Casablanca, Safi, and Jorf Lasfar.
                         demand for water will grow by 30% by 2030.   The government says that the new desali-
                           ACWA Power has operations in the UAE,  nation facilities will advance its plans to make
                         Bahrain, and Oman and has a portfolio of devel-  Morocco one of the leading producers of green
                         oping seawater desalination facilities. Now the  hydrogen, a carbon-free energy source produced
                         group wants to share its experience in water-  from water.™
                         stressed Morocco while keeping desalination
















































       P8                                       www. NEWSBASE .com                      Week 37  15•September•2022
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