The reasons for the stop – Today Morocco
Économie

The reasons for the stop – Today Morocco

The Noor III factory is one of four factories that form the Noor Ouarzazate complex. It represents approximately 25% of the complex’s total production.

Energy: Acwa Power reiterates its commitment to provide sustainable and innovative solutions that contribute to the energy transition and meet the changing needs of its partners and stakeholders.

Acwa Power provides additional explanations about the Noor Ouarzazate III project, one of four installations that form the Noor Ouarzazate complex. These statements come after the announcement by Acwa Power on the Saudi stock exchange “Tadawul” on March 24, 2024 of a forced outage of the Noor III power plant until November 2024 following the detection of a leak in the reservoir. the thermal storage system and which allows the power plant to store the electricity produced during the day and use it in the evening. This technical issue causes a loss of revenue of approximately $47 million for Acwa.

“It is important to note that the final acceptance of the Noor III power plant has not yet been granted and the existing hot salt tank experienced a leakage problem, which resulted in the start of repair work,” Acwa Power indicated in this regard. And to remind: “Given our commitment to continuous improvement and the guarantee of optimal performance, in addition to quickly repairing the existing tank to put the installation back into service as soon as possible, the project company has taken decisive steps to ensure reliability and the efficiency of the plant even before the current outage.” Referring to Acwa, this involves the construction of a new reservoir with an improved design that will take over the repaired reservoir.

“The design of the new tank incorporates the latest technologies and is based on valuable insights from our experience on similar projects worldwide, utilizing the expertise of Acwa Power’s extensive fleet,” said Acwa, which reiterates its commitment to sustainable and provide innovative solutions that contribute to the energy transition and meet the changing needs of its partners and stakeholders. “We are confident that the improvements implemented as part of the Noor III project will further strengthen the company’s position as a pioneering and reliable source of renewable energy in Morocco and beyond,” the company underlines. Note that the Noor III factory is one of four factories that form the Noor Ouarzazate complex. It represents approximately 25% of the total production of the Noor Ouarzazate complex. The Noor III project is known as the largest fully operational CSP (concentrated solar power) tower in the world. In 2023, the project will exceed annual production of 420 GWh. This corresponds to the demand of more than 200,000 households in Morocco and 325,476 tons of CO2 displacement in 2023.

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