Middle East Economic Survey

VOL. LIV

No 48

28-Nov-2011

morocco

World Bank Approves $297Mn In Loans For Morocco Solar Power Project

The World Bank has approved a total of $297mn in loans to Morocco to help finance one of the worlds largest concentrated solar power plant (CSP) projects. The Ouarzazate solar complex, set to be located northeast of Marrakesh, is expected to have a capacity of some 500mw and cover an area the size of several football fields. The World Bank is proud to provide the...