Nareva
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Nareva is an energy company in
Morocco Morocco (),, ) officially the Kingdom of Morocco, is the westernmost country in the Maghreb region of North Africa. It overlooks the Mediterranean Sea to the north and the Atlantic Ocean to the west, and has land borders with Algeria t ...
wholly owned by the
SNI SNI may refer to: Science and technology * Substitution nucleophilic internal, a chemistry reaction mechanism * Swedish Standard Industrial Classification, a Swedish economic classification system * Server Name Indication, an extension to the ...
, 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 Venture may refer to: Arts and entertainment Music *The Ventures, an American instrumental rock band formed in 1958 *"A Venture", 1971 song by the band Yes *''Venture'', a 2010 EP by AJR Games * ''Venture'' (video game), a 1981 arcade gam ...
with
GDF Suez Engie SA is a French multinational utility company, headquartered in La Défense, Courbevoie, which operates in the fields of energy transition, electricity generation and distribution, natural gas, nuclear, renewable energy and petroleum. It ...
.


Coal energy

Nareva is in the process of constructing a
coal Coal is a combustible black or brownish-black sedimentary rock, formed as rock strata called coal seams. Coal is mostly carbon with variable amounts of other elements, chiefly hydrogen, sulfur, oxygen, and nitrogen. Coal is formed when ...
-powered electricity generation unit in Safi. The facility is under construction and is set to open in 2017. Its biggest client is set to be the country biggest industrial operator, the OCP, the
phosphate In chemistry, a phosphate is an anion, salt, functional group or ester derived from a phosphoric acid. It most commonly means orthophosphate, a derivative of orthophosphoric acid . The phosphate or orthophosphate ion is derived from phosph ...
mining company. Nareva, through its subsidiary ''Safi Energy Company'', would sell electricity to the state-owned ONEE (''Office National de l'Electricité et de l'Eau'') under a 30-year contract.


See also

* Jorf Lasfar Energy Company, a similar company owned by
TAQA The Abu Dhabi National Energy Company, PJSC (TAQA) is a government controlled energy holding company of Abu Dhabi, United Arab Emirates. TAQA (Arabic for Energy) is one of Abu Dhabi's flagship companies and as such has an important role to play ...
operating in
Jorf Lasfar Jorf Lasfar (Arabic for "Yellow Cliffs")McGuinness, Justin.Morocco, 4th ed. (2003). Footprint Travel Guides. p. 142. . Google Books. Retrieved on April 7, 2011. is a deepwater commercial port located on the Atlantic coast of Morocco. In terms of t ...
. * Desertec


References

{{Mohammed VI Société Nationale d'Investissement 2005 establishments in Morocco Energy companies of Morocco