Nareva
| Industry | Energy, Renewable energy |
|---|---|
| Headquarters | , |
Key people | Aymane Taud (Chairman) |
| Owner | Al Mada (100%) |
Nareva is an energy company in Morocco wholly owned by Al Mada, the holding company of King Mohammed VI.
Activities
[edit | edit source]Renewables
[edit | edit source]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
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- Jorf Lasfar Energy Company, a similar company owned by TAQA operating in Jorf Lasfar.
- Desertec
References
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