20/09/2017

HIGHLIGHTS SINCE MASEN CREATION

2009 2010 2013 2015 2016

National energystrategy

Masen creation NOORo I construction launch NOORo II & III

construction launch

NOORo I inauguration

2 000 MW of

solar in 202042% of RE in 2020

New scope for reinforced synergies

52% of RE in 2030

1 OPERATIONAL PROJECT AND SEVERAL UNDER DEVELOPMENT

NOORo I construction launch NOORo I inauguration NOORo II NOORo III

2

RENEWABLE ENERGIES, AT THE HEART OF MOROCCO’S ENERGY STRATEGY

Strong will of increasing renewable energies share within the national mix by 2020 and 2030

Of installed capcity

REs share evolution within the national mix

26% 42%

Roadmap for solar energy deployment with an optimal technological mix in order to meet national needs

52% 2030by

3

Moroccan Energy Strategy targets

20206 000 MW Horizon

MASEN, DEDICATED ACTOR RELYING ON A STRONG INSTITUTIONAL FRAMEWORK

4

Law 57-09 establishing Masen

State-Masen Agreement (decree)

Conditions, technical requirements and guaranty of financial balance for the achievement of the solar plan

Rules, conditions and guarantees for the purchase and supply, transportation and commercialization of electricity produced

State-ONEE-Masen Agreement

A clear institutional framework, supporting Masen action

Object: Development of solar integrated projects with a minimum capacity of 2000 MW by 2020 contributing to reach the new national ambition (52% of RE by 2030) through the development of integrated programs using renewable energies sources including solar, hydro and wind

Governance : Management Board

Capital : 2 250 000 000 dirhams (State, ONE, Hassan II Fund and SIE - equal shares - )

Legal Form: Limited liability company, created in Mars 2010

IMPLEMENTATION THROUGH “INTEGRATED” PROJECTS

5

Our Vision: Optimize solar resource valorization

ELECTRICITY PRODUCTION

2000 MW by 2020 and more by 2030

INDUSTRIAL INTEGRATION LOCAL DEVELOPMENTRESEARCH &

DEVELOPMENT AND

TRAINING

For a competitive industryFor technology

improvement and qualified resources

For an inclusive development

5

RE PROJECTS

ELECTRICITY PRODUCTION

2000 MW by 2020 and more by 2030

INDUSTRIAL INTEGRATION LOCAL DEVELOPMENTRESEARCH & DEVELOPMENT

AND TRAINING

For a competitive industry

For technology improvement and

qualified resources

For an inclusive development

6

NOOR, A MULTI-SITE AND MULTI-TECHNOLOGY PLAN

NOOR Tata

NOOR Midelt

NOOR Laâyoune

NOOR Ouarzazate

NOOR Boujdour

CSP PV

CSP PV

PV

PV

CSP PV

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5 sites with a minimal capacity of 2 000 MW by 2020

Technologies combination to answer to identified needs while optimizing the overall cost of the kilowatt hour and maximizing synergies

NOOR OUARZAZATE COMPLEX, A GRADUAL DEPLOYMENT OF MORE THAN 550 MW

NOORO III

150 MW

NOORO II

200 MW

NOORO I

160 MW

CSP Parabolic trough

CSP Tower

NOORO IV

~ 70 MW

PV

CSP Parabolic trough

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R&D Platform

A COMPLEX WITH ALL NECESSARY INFRASTRUCTURES

FENCES

DRAINAGE

TELECOM

ELECTRICITY

ROAD

WATER

Developmentof a large scale

site of 3 000 hectars

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NOORO I PLANT IN OPERATION

Techno. Concentrated Solar Power using parabolic trough

160 MWe Gross Capacity

3 hours Thermal Energy Storage

Capacity

Storage

Developer

Owner’s Engineer

EPC

Financial Institutions

Key dates Effectiveness Q2 2013 ICOD Q4 2015

(*) Evaluated peak hour tariff 10

11

NOOR OUARZAZATE: A MULTI TECHNOLOGIES COMPLEX

Capacity: 160 MW

Technology: CSP trough

Storage: 3 hours

CO2 emissions avoided: ~ 280 000 tCO2 / year

Capacity: 200 MW

Technology: CSP trough

Storage: > 7 hours

CO2 emissions avoided:~ 380 000 tCO2 / year

Capacity: 150 MW

Technology: CSP Tower

Storage: > 7 hours

CO2 emissions avoided: ~ 250 000 tCO2 / year

Capacity: 70 MW

Technology: PV with tracking system

NOORo I NOORo II NOORo III NOORo IV

A SOLAR COMPLEX OF 580 MW COMBINING 3 DIFFERENT SOLAR TECHNOLOGIES

PLANT IN OPERATION PLANT UNDER CONSTRUCTION PLANT UNDER CONSTRUCTION WORKS TO BE LAUNCHED SOON

CO2 emissions avoided: ~ 87 000 tCO2 / year

Industrial integration: 30%*

* Real industrial integration reached: 34%

Industrial integration: 35%Industrial integration: 35%

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NOOR LAAYOUNE AND NOOR BOUJDOUR: WORKS TO BE LAUNCHED SOON

NOOR BOUJDOUR

Projects financed through green bonds for a total amount of 1 200 million dirhams

NOOR LAAYOUNE

Capacity: 80 MW

Technology: PV with tracking system

CO2 emissions avoided: ~ 104 000 tCO2/year

Capacity: 20 MW

Technology: PV with tracking system

CO2 emissions avoided: ~ 24 000 tCO2/kWh

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INTEGRATED PROJECTS

ELECTRICITY PRODUCTION

2000 MW by 2020 and more by 2030

INDUSTRIAL INTEGRATION LOCAL DEVELOPMENTRESEARCH & DEVELOPMENT

AND TRAINING

For a competitive industry

For technology improvement and

qualified resources

For an inclusive development

A DEDICATED SUPPORT FOR THE DEVELOPMENT OF A SOLAR INDUSTRY

DEVELOPMENT OF A COMPETITIVE MOROCCAN

SOLAR INDUSTRY …

Skills developmentIndustrial capabilities

reinforcement

… through two missions

Ambition Cluster supported by multisectorial institutions

… and by well-known partners

~ 250 beneficiaries~ 150 hours of trainings

Excellence awards Summer school

Conferences Seminaries

CSP mission in Spain

QHSE trainings, diagnostic, personal assistance

Almeria intership

Several actions

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INTEGRATED PROJECTS

ELECTRICITY PRODUCTION

2000 MW by 2020 and more by 2030

INDUSTRIAL INTEGRATION LOCAL DEVELOPMENTRESEARCH & DEVELOPMENT

AND TRAINING

For a competitive industry

For technology improvement and

qualified resources

For an inclusive development

PRINCIPALES ACTIONSSTRATEGIC AXES

LOCAL DEVELOPMENT IN HARMONY WITH THE SOLAR POWER PROJECTS

Guidelines

Sustaining actionsCreate a local dynamismEnsure integration1 2 3

AGRICULTURE

Agriculture

Entrepreneurship

Development and facilitation of territories

Education

SANTE

Health

Improving the population’s social environment

Territories’s opening up

Basic infrastructures

Education Sociocultural activities Sports’ activities

Health Infrastructures Agriculture

More than 60 Actions and projects led since 2010

More than 30 000 beneficiaries

6 Areas of intervention

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Employment

Sponsorship / patronage

INTEGRATED PROJECTS

ELECTRICITY PRODUCTION

2000 MW by 2020 and more by 2030

INDUSTRIAL INTEGRATION LOCAL DEVELOPMENTRESEARCH & DEVELOPMENT

AND TRAINING

For a competitive industry

For technology improvement and

qualified resources

For an inclusive development

RESEARCH AND DEVELOPMENT, A COMPLEMENTARY AXIS OF NOOR PLAN

R&D actions led alongside with national and international actors including:

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– Qualify new solar technologies

– Create a network between industrials and research institutionsAn R&D Platform, to

This platform hosts:

Demonstration projects in order to test, qualify, and improve plants’ components of all solar technologies

Research projects to support technological transfer and know how on CSP and PV technologies

Commercial services to industrials and universities for a global added value

MASEN: PROMISING FUTURE PROSPECTS

A REGIONAL AND INTERNATIONAL INTEGRATION TO MAKE MOROCCO A SOLAR HUB

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SOUTH SOUTH COOPERATION1

• Morocco, Hub of expertise in the energy field

SOUTH NORTH COOPERATION2

• Morocco, for a competitive green energyexchange

MENA COOPERATION3

• Collaboration agreements

AN APPROACH TO BE DUPLICATED TO ALL RENEWABLE ENERGY PROJECTS

WIND PROJECTS: OPERATIONAL PROJECTS AND PROJECTS UNDER DEVELOPMENT

WIND PROJECTS

OPERATIONAL PROJECTS

4 projects

550 MW

PROJECT UNDER DEVELOPMENT (2020)

7 projects

1 300 MW

HYDRO PROJECTS: OPERATIONAL PROJECTS AND PROJECTS UNDER DEVELOPMENT

HYDRO PROJECTS

OPERATIONAL PROJECTS

27 projects 1 303 MW

PROJECTS UNDER DEVELOPMENT (2020)

9 projets 126 MW