Is Morocco preparing to launch a 1.6 GW Bess project?

Morocco is preparing to launch a massive foray into clean energy with its ambitious 1.6 GW BESS projects. The National Office for Electricity and Drinking Water (ONEE) is expected to invite tenders for battery energy storage systems (BESS) totaling nearly 1,600MW.

Will international finance institutions participate in Masen's solar and Bess projects?

According to Masen, if any international finance institutions, such as Germany’s KFW or the European Investment Bank, participate, those banks’ procurement rules will apply to the projects. The solar and bess plants are expected to be built on a dedicated and available site that Masen will provide under a land lease or equivalent agreement.

Where will ONEE's Bess plants be built?

The BESS facilities will be constructed in Northwest Morocco, supplying electricity to Kenitra and the surrounding areas. However, despite the urgency and scale, ONEE has not yet appointed a transaction adviser to assist with the process. This is ONEE’s first attempt at securing BESS plants independently.