Morocco
   Clean and Efficient Energy Project
     Green Bond Criteria: Mitigation                                       Country Challenge
     Purpose: To develop the first utility sized
                                                                           Three remote towns at the foot of the Atlas mountains —
     photovoltaic plant to more reliably supply solar power                Erfoud, Missour, and Zagora, are not served by Morocco’s
     to remote regions.                                                    main power stations located on the Atlantic and
     Expected Results (include): By 2020:                                  Mediterranean coasts. The population suffers from power
     • 75 MW of renewable energy capacity added.                           cuts and low/unstable voltage making light bulbs dim,
     • 412,000 people benefit from electricity and
       associated economic opportunities of which 50%                      computer screens flicker, and hospital equipment malfunction.
       are expected to be female.                                          Morocco plans to shift from a mainly fossil fuel-dependent
     • 78,018 tones of CO2 emissions reduced annually.                     energy system to one where 42% of demand is met by
     IBRD Financing: $125 Million                                          renewable sources.

                                                                           Project Goal
                                                                           The project supports Morocco’s first mid-size, grid-connected
                                                                           decentralized solar photovoltaic plants. The investment
                                                                           includes extension of power evacuation lines and installation
                                                                           of time-of-use smart meters which encourage lower
                                                                           consumption at peak hours. The project complements the
                                                                           larger-scale solar Noor Ouarzazate Complex.




     ©Curt Carnemark / World Bank
© World   Bank




   For more information:
   http://www.worldbank.org/projects/P143689/?lang=en&tab=details
   http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/MNA/2013/11/12/090224b0820685cb/1_0/Rendered/PDF/Project0Inform0gy0Project000P143689.pdf   2