Nareva

Nareva

Nareva is an energy company in Morocco wholly owned by the SNI, the holding company of king Mohammed VI.

Quick Facts Industry, Headquarters ...

Activities

Renewables

The company has multiple wind farm projects. The units in Akhenfir, Haouma and Foum El Oued, with a capacity of 100 MW; 50 MW and 50 MW respectively, sell electricity directly to industrial clients, whereas the one in Tarfaya (300 MW) sells its production to the ONEE, under a 20-years contract and through a structure called TAREC (Tarfaya Energy Company), a 50–50 venture with GDF Suez.[1][2][3]

Coal energy

Nareva is in the process of constructing a coal-powered electricity generation unit in Safi. The facility is under construction and is set to open in 2017. Its biggest client is set to be the country biggest industrial operator, the OCP, the phosphate mining company. Nareva, through its subsidiary Safi Energy Company, would sell electricity to the state-owned ONEE (Office National de l'Electricité et de l'Eau) under a 30-year contract.[4]

See also


References

  1. "Les premiers électrons verts de Nareva". L'Economiste. 2013-02-13. Retrieved 3 June 2014.

Share this article:

This article uses material from the Wikipedia article Nareva, and is written by contributors. Text is available under a CC BY-SA 4.0 International License; additional terms may apply. Images, videos and audio are available under their respective licenses.