Nareva

Nareva Holding
IndustryEnergy, Renewable energy
Headquarters
Casablanca
,
Morocco
Key people
Aymane Taud (Chairman)
OwnerAl Mada (100%)

Nareva is an energy company in Morocco wholly owned by Al Mada, the holding company of King Mohammed VI.

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 (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]

Nareva has established itself as a major contributor to the social and economic development in the continent. In compliance with the requirements of the energy transition, it possesses a broad, diversified, and well-balanced portfolio of electrical assets.

See also

  • Jorf Lasfar Energy Company, a similar company owned by TAQA operating in Jorf Lasfar.
  • Desertec

References

  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.
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