Morocco plans to increase its energy mix from renewables to 42%. Credit: Sweet Ice Cream Photography on Unsplash

ACWA Power Khalladi has inaugurated its $170m Khalladi wind farm  near Tangier, Morocco, which will supply renewable power to industrial companies, especially the cement sector.

This 120MW wind farm is located at Jbel Sendouq, 30 km from Tangiers.

ACWA Power Khalladi, the project company of the windfarm, is 75% owned by ACWA Power and 25% by ARIF Fund, which is managed by Infra Invest.

The project is financed with equity from ACWA Power and ARIF and long tenor debt from the European Bank for Reconstruction and Development (EBRD) in collaboration with the Clean Technology Fund (CTF), and the Moroccan BMCE Bank of Africa (BMCE).

The 370 GWh of energy to be produced by the plant and supplied annually to industrial companies, will be equivalent to an average annual power consumption of a city of 400,000 people.

It is expected to reduce over 144,000t of CO2 emissions annually.

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The Khalladi project will help Morocco achieve the target of increasing its energy mix from renewables to 42% by 2020.

ACWA Power chairman Mohammad Abunayyan said: “Morocco’s energy sector offers attractive investment opportunities, due to a well-established regulatory framework put in place by the Moroccan government and due to the country having already attracted significant investments in solar and wind energy all of which  has made it possible for ACWA Power to, within six years, deliver the NOORo I solar plant (160 MWe) and the Khalladi wind farm (120MW) and a series of other investments in construction which by the end of 2018 will cumulate to 800 MW of generation capacity in the Kingdom.”

The company has made investments on several projects in the country, with many of them expected to be rolled out over the coming decades.