Nareva is an energy company in
Morocco
Morocco (),, ) officially the Kingdom of Morocco, is the westernmost country in the Maghreb region of North Africa. It overlooks the Mediterranean Sea to the north and the Atlantic Ocean to the west, and has land borders with Algeria to ...
wholly owned by the
SNI SNI may refer to:
Science and technology
* Substitution nucleophilic internal, a chemistry reaction mechanism
* Swedish Standard Industrial Classification, a Swedish economic classification system
* Server Name Indication, an extension to the ...
, the holding company of king
Mohammed VI Muhammad VI may refer to:
* Muhammad Imaaduddeen VI (1868–1932), sultan of the Maldives from 1893 to 1902
* Mehmed VI (1861–1926), sultan of Ottoman Empire, from 1918 to 1922
* Mohammed VI of Morocco
Mohammed VI ( ar, محمد السادس ...
.
Activities
Renewables
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
Tarfaya ( ar, طرفاية - ''Ṭarfāya''; ber, ⵟⵔⴼⴰⵢⴰ) is a coastal Moroccan town, located at the level of Cape Juby, in western Morocco, on the Atlantic coast. It is located about 890 km southwest of the capital Rabat, and ...
(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
Venture may refer to:
Arts and entertainment
Music
*The Ventures, an American instrumental rock band formed in 1958
*"A Venture", 1971 song by the band Yes
*''Venture'', a 2010 EP by AJR
Games
* ''Venture'' (video game), a 1981 arcade gam ...
with
GDF Suez
Engie SA is a French multinational utility company, headquartered in La Défense, Courbevoie, which operates in the fields of energy transition, electricity generation and distribution, natural gas, nuclear, renewable energy and petroleum.
...
.
Coal energy
Nareva is in the process of constructing a
coal
Coal is a combustible black or brownish-black sedimentary rock, formed as rock strata called coal seams. Coal is mostly carbon with variable amounts of other elements, chiefly hydrogen, sulfur, oxygen, and nitrogen.
Coal is formed when dea ...
-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
In chemistry, a phosphate is an anion, salt, functional group or ester derived from a phosphoric acid. It most commonly means orthophosphate, a derivative of orthophosphoric acid .
The phosphate or orthophosphate ion is derived from phospho ...
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.
See also
*
Jorf Lasfar Energy Company
Jorf is a city in Errachidia Province, Drâa-Tafilalet, Morocco
Morocco (),, ) officially the Kingdom of Morocco, is the westernmost country in the Maghreb region of North Africa. It overlooks the Mediterranean Sea to the north and the ...
, a similar company owned by
TAQA
The Abu Dhabi National Energy Company, PJSC (TAQA) is a government controlled energy holding company of Abu Dhabi, United Arab Emirates.
TAQA (Arabic for Energy) is one of Abu Dhabi's flagship companies and as such has an important role to play ...
operating in
Jorf Lasfar
Jorf Lasfar (Arabic for "Yellow Cliffs")McGuinness, Justin.Morocco, 4th ed. (2003). Footprint Travel Guides. p. 142. . Google Books. Retrieved on April 7, 2011. is a deepwater commercial port located on the Atlantic coast of Morocco. In terms of t ...
.
*
Desertec
References
{{Mohammed VI
Société Nationale d'Investissement
2005 establishments in Morocco
Energy companies of Morocco