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TAQA & Theolia Enter Partnership in Morocco
June 18, 2008
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Brussels, Belgium [RenewableEnergyWorld.com] A strategic partnership has been signed between the Abu Dhabi National Energy Company PJSC (TAQA) and wind player Theolia to develop the renewable energy sector in Morocco. The agreement aims to create a consortium to respond to the international invitation to tender for the construction and operation of a 300 megawatts (MW) wind farm located in Tarfaya, Morocco.
"Our strategy is to diversify across the energy value chain in different territories, and by joining forces with Theolia in CED we feel that we are in a good position to bid for the new wind farm capacity."
-- Peter Barker-Homek, CEO, TAQA 
TAQA and Theolia have also agreed to a 50/50 partnership in the Compagnie Eolienne du Détroit (CED), including studying the possibility of optimizing wind sites in Morocco, notably the Abdelkhalek Torres wind farm, located in the north of Morocco. The site offers an opportunity to re-power 84 turbines initially commissioned in 2000 as well as the possible expansion of the wind farm by several hundred additional megawatts.
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