Central Morocco is a 108MW hydro power project. It is planned in Morocco. The project is currently in announced stage. It will be developed in single phase. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2027.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Hydropower | 108 | – | 108 | Announced | Morocco | China First Highway Engineering; Platinum Power |
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Description
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The project is being developed by China First Highway Engineering and Platinum Power. These companies also have ownership stakes in the project.
The project cost is expected to be around $300m.
Development Status
The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2027.
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By GlobalDataAbout Platinum Power
Platinum Power SA., is engaged on the development, financing, construction, ownership and operation of utility-scale renewable energy projects in Africa: Hydro, Wind and Solar. The current pipeline of projects exceeds 1,500 MW. Platinum Power has a strong competitive position with a focus on operating efficiently and responsibly to maximize the value from the current portfolio and to deliver growth in shareholder value. The company has offices in New York and Rabat.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
