Power
Morocco to Begin Construction of Mega Desertec Solar Project
Construction is on the world's largest concentrated solar power project to begin in Morocco in 2012. The first phase will be a 150-megawatt, 12-square-kilometer concentrated solar facility with an investment of $835 million.
The $550 billion Desertec project is anchored mainly by German companies and targets the development of clean energy generation in the North African deserts, to supply up to 15% of Europe's electrical power demand by 2050.
For related information, see June 28, 2010, article - Desertec Plans Phase 1 of Giant Solar-to-Energy Project.
On the domestic power scene, Morocco is focusing on wind and solar energy to reduce energy imports and to create new jobs. The country will benefit from the Desertec project program, with the world's largest solar plants at five locations.
In 2020, solar power plants are expected to produce 2,000 MW and cover 14% of domestic power consumption. Large windfarms will assist the country in achieving its plan to produce 42% of power requirements from renewable sources by 2020 and reduce the cost of importing energy by $500 million annually.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
Want More IIR News?
Make us a Preferred Source on Google to see more of us when you search.
Add Us On GoogleAsk Us
Have a question for our staff?
Submit a question and one of our experts will be happy to assist you.
Forecasts & Analytical Solutions
Where global project and asset data meets advanced analytics for smarter market sizing and forecasting.
Learn MoreRelated Articles
-
Will GOP Food Fight Break Out Over AI Regulation, Affecting ...December 24, 2025
-
Efficient Cooperation or SMR GrowthDecember 24, 2025
Industrial Project Opportunity Database and Project Leads
Get access to verified capital and maintenance project leads to power your growth.
Learn MoreIndustry Intel
-
From Data to Decisions: How IIR Energy Helps Navigate Market VolatilityOn-Demand Podcast / Nov. 18, 2025
-
Navigating the Hydrogen Horizon: Trends in Blue and Green EnergyOn-Demand Podcast / Nov. 3, 2025
-
ESG Trends & Challenges in Latin AmericaOn-Demand Podcast / Nov. 3, 2025
-
2025 European Transportation & Biofuels Spending OutlookOn-Demand Podcast / Oct. 27, 2025
-
2025 Global Oil & Gas Project Spending OutlookOn-Demand Podcast / Oct. 24, 2025