Nareva

Nareva Holding
IndustryEnergy, Renewable energy
Headquarters,
Key people
Mostafa Terrab (Chairman)
OwnerSNI (100%)

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

Activities

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Renewables

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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

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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

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References

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  1. ^ "Les premiers électrons verts de Nareva". L'Economiste. 2013-02-13. Retrieved 3 June 2014.
  2. ^ "Nareva : Le parc éolien géant Tarfaya opérationnel dès avril". Le Matin. 26 February 2014. Retrieved 3 June 2014.
  3. ^ "Premiers raccordements pour le plus gros parc éolien d'Afrique à Tarfaya au Maroc". Usine Nouvelle. 11 April 2014. Retrieved 3 June 2014.
  4. ^ "GDF-Suez, Nareva et Mitsui vendent pour 30 ans à l'Office de l'électricité du Maroc la production de la future centrale à charbon géante de Safi". Usine Nouvelle. 11 September 2013. Retrieved 3 June 2014.