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World Bank Makes $519 Million Loan for Morocco's Solar Project

World Bank Makes $519 Million Loan for Morocco's Solar Project

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Industry Segment: Power | Word Count: 341 Words

JOHANNESBURG--October 8, 2014--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--The World Bank (Washington D.C.) has made a $519 million loan available to Morocco to partially fund two solar power plants, with a total capacity of 350 megawatts (MW). The projects will form the next phases of the country's 500-MW Ouarzazate solar project.

Within this article: Details of the 500-MW Ouarzazate solar project by the Moroccan Agency for Solar Energy.

Other companies featured: Abengoa (NASDAQ:ABGB)

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