Morocco - Noor Solar Power Project Additional Financing

Development Objective

The PDO is to increase innovative solar power generation in Morocco.

Key Details

Project Details

Project ID
P164288
Status
Closed
Team Leader
Moez Cherif , Sameh Mobarek
Borrower 2
MASEN

Country
Morocco
Disclosure Date
February 7, 2018
Approval Date
(as of board presentation)
June 8, 2018
Effective Date
N/A

Total Project Cost 1
US$ 2257.00 million
Implementing Agency
MASEN
Region
Middle East and North Africa
Fiscal Year 3
2018

Commitment Amount
US$ 1817.00 million
Environmental Category
A
Last Update Date
October 18, 2022
Closing Date
June 28, 2024

Consultant Services required
No
Last Stage Reached
BANK APPROVED
Parent Projects
P131256

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Environment and Natural Resource Management

FY17 - Climate change100%
- FY17 - Mitigation100%
FY17 - Energy100%
- FY17 - Access to Energy100%
- FY17 - Energy Efficiency100%

FY17 - Human Development and Gender

FY17 - Gender100%

FY17 - Private Sector Development

FY17 - Public Private Partnerships100%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
Borrower/Recipient	440.00
International Bank for Reconstruction and Development	100.00
FRANCE: Govt. of [MOFA and AFD (C2D)]	180.00
GERMANY: KREDITANSTALT FUR WIEDERAUFBAU (KFW)	852.00
Clean Technology Fund	25.00
African Development Bank	240.00
EC: European Investment Bank	420.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	100.00
IDA Commitment	N/A
IBRD + IDA Commitment	100.00

Lending Instrument
Grant Amount	1717.00
Total Project Cost**	2257.00

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

No data available.

Detailed Financial Activity as of March 31, 2025

No data available.

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Generation Capacity of Renewable Energy (other than hydropower) constructed Value 0.00 0.00 250.00
Date June 30, 2014 December 30, 2016 June 30, 2019
Comment
Avoided global GHG pollution Value 0.00 217191.00 1270000.00
Date June 30, 2014 December 29, 2017 December 30, 2022
Comment
Noor Solar Projects Electricity Sales (GWh) Value 0.00 414.00 2624.00
Date June 30, 2014 December 29, 2017 December 30, 2022
Comment
People provided with new or improved electricity service Value 0.00 359954.00 2200000.00
Date June 30, 2014 December 29, 2017 December 30, 2022
Comment
Noor Solar Projects Electricity Sales during peak hours (GWh) Value 0.00 79.00 870.00
Date June 30, 2014 December 29, 2017 December 30, 2022
Comment
Progress of construction of Noor II Value 0.00 62.00 100.00
Date June 30, 2014 December 31, 2015 June 30, 2019
Comment
Progress of construction of Noor III Value 0.00 63.00 100.00
Date June 30, 2014 December 31, 2015 June 30, 2019
Comment
Generation Capacity of Renewable Energy constructed-Solar Value 0.00 0.00 250.00
Date June 30, 2014 December 30, 2016 June 30, 2019
Comment
Female beneficiaries Value 0.00 50.30 50.30
Date June 30, 2014 December 30, 2016 December 30, 2022
Comment
Noor Solar Projects Electricity Sales during peak hours – Ouarzazate Complex (GWh) Value 0.00 79.00 540.00
Date June 30, 2014 December 29, 2017 December 30, 2022
Comment
Noor Solar Projects Electricity Sales during peak hours – Midelt Complex (GWh) Value 0.00 0.00 330.00
Date November 13, 2017 December 29, 2017 December 30, 2022
Comment
Noor Solar Projects Electricity Sales – Ouarzazate Complex (GWh) Value 0.00 414.00 1300.00
Date December 31, 2014 December 29, 2017 December 30, 2022
Comment
Noor Solar Projects Electricity Sales – Midelt Complex (GWh) Value 0.00 0.00 1324.00
Date November 30, 2017 December 29, 2017 December 30, 2022
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Commissioning of the plant Value No No Yes
Date June 30, 2014 June 30, 2016 June 30, 2019
Comment
Transaction financial close Value No Yes Yes
Date June 30, 2014 May 22, 2015 June 30, 2019
Comment
Private Capital Mobilized Value 0.00 413000000.00 597000000.00
Date June 30, 2014 June 29, 2018 December 30, 2022
Comment
Beginning construction of the plant Value No Yes Yes
Date June 30, 2014 July 31, 2015 June 30, 2019
Comment
Generation capacity of energy constructed or rehabilitated Value 0.00 160.00 1310.00
Date June 30, 2014 June 29, 2018 December 30, 2022
Comment
Renewable energy generation capacity (other than hydropower) constructed under the project Value 0.00 160.00 1310.00
Date June 30, 2014 June 29, 2018 December 30, 2022
Comment
Noor Ouarzazate I Capacity constructed Value 0.00 160.00 160.00
Date June 30, 2014 June 29, 2018 December 30, 2022
Comment
Noor Ouarzazate I Capacity constructed Value 0.00 160.00 160.00
Date June 30, 2014 June 29, 2018 December 30, 2022
Comment
Noor Ouarzazate II and III Capacity constructed Value 0.00 0.00 350.00
Date June 30, 2014 June 29, 2018 December 30, 2022
Comment
Noor Ouarzazate II and III Capacity constructed Value 0.00 0.00 350.00
Date June 30, 2014 June 29, 2018 December 30, 2022
Comment
Noor Midelt Phase I Capacity constructed Value 0.00 0.00 800.00
Date November 13, 2017 June 29, 2018 December 30, 2022
Comment
Noor Midelt Phase I Capacity constructed Value 0.00 0.00 800.00
Date November 13, 2017 June 29, 2018 December 30, 2022
Comment
Grievances registered related to delivery of project benefits addressed Value 0.00 100.00 100.00
Date November 23, 2017 June 29, 2018 December 30, 2022
Comment
Share of female job-recruits receiving information on training and skilled work in the Noor Midelt Phase I project Value 0.00 0.00 75.00
Date April 18, 2018 June 29, 2018 December 30, 2022
Comment
Number of hired workers on the Noor Midelt site Value 0.00 0.00 1200.00
Date April 18, 2018 April 18, 2018 December 30, 2022
Comment
of which female Value 0.00 0.00 120.00
Date April 18, 2018 April 18, 2018 December 30, 2022
Comment

Generation Capacity of Renewable Energy (other than hydropower) constructed	Value	0.00	0.00	250.00
	Date	June 30, 2014	December 30, 2016	June 30, 2019
	Comment

Avoided global GHG pollution	Value	0.00	217191.00	1270000.00
	Date	June 30, 2014	December 29, 2017	December 30, 2022
	Comment

Progress of construction of Noor II	Value	0.00	62.00	100.00
	Date	June 30, 2014	December 31, 2015	June 30, 2019
	Comment

Progress of construction of Noor III	Value	0.00	63.00	100.00
	Date	June 30, 2014	December 31, 2015	June 30, 2019
	Comment

Female beneficiaries	Value	0.00	50.30	50.30
	Date	June 30, 2014	December 30, 2016	December 30, 2022
	Comment

Commissioning of the plant	Value	No	No	Yes
	Date	June 30, 2014	June 30, 2016	June 30, 2019
	Comment

Transaction financial close	Value	No	Yes	Yes
	Date	June 30, 2014	May 22, 2015	June 30, 2019
	Comment

Private Capital Mobilized	Value	0.00	413000000.00	597000000.00
	Date	June 30, 2014	June 29, 2018	December 30, 2022
	Comment

Beginning construction of the plant	Value	No	Yes	Yes
	Date	June 30, 2014	July 31, 2015	June 30, 2019
	Comment

Noor Ouarzazate I Capacity constructed	Value	0.00	160.00	160.00
	Date	June 30, 2014	June 29, 2018	December 30, 2022
	Comment

of which female	Value	0.00	0.00	120.00
	Date	April 18, 2018	April 18, 2018	December 30, 2022
	Comment

Morocco - Noor Solar Power Project Additional Financing

Development Objective

Key Details

Project Details

Sectors

Themes

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Project Map

Finances

Financing Plan (US$ Millions)

Total Project Financing (US$ Millions)

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

Detailed Financial Activity as of March 31, 2025

Ratings

IMPLEMENTATION RATINGS

COMPLETION RATINGS

INDEPENDENT EVALUATION RATINGS

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INTERMEDIATE RESULTS INDICATORS