The consortium, made up of the French Electric Company EDF, the Masdar Company from Abu Dhabi and the Moroccan Company Green of Africa, have chosen TSK for the design and construction of this innovative solar plant, with an investment of over 700 million Euro.
Five international consortiums were preselected in the bidding for the hybrid Project that combines photovoltaic solar energy (PV) and thermosolar energy (CSP) for Noor Midelt, 1 for the Moroccan Agency for Solar Energy (Masen), being EDF-MASDAR-Green of Africa the winning consortium.
The plant, which is completely designed by TSK, will be the first in the world to integrate the two technologies in a single hybrid installation utilizing the advantages that each one has. On the one hand, the main advantage of thermosolar technology that we can outline allows for the generation of electricity at any time of the day in a manageable way due to having the capacity to store energy on a large scale. On the other hand, the main advantage of photovoltaic technology is its competitiveness when referring to investment and maintenance cost. With this type of technology a plant can be designed that can generate electricity from the sun for 24 hours a day at a cost that allows to compete with conventional energies from fossil fuels.
The project will rely on the funding agencies like the German Development Bank KFW, the World Bank, the African Development Bank, the European Investment Bank (EIB), the French Development Agency, the European Commission and the Clean Technology Fund.
TSK closed 2018 with sales of 1,107 billion Euro, making it one of the main Spanish engineering and construction firms with presence in the Power Sector, industrial plants, oil&gas, environment and mining. At present, its international activity represents more than 96% of sales and it is executing projects in more than 30 countries on 4 continents.