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Nareva
Nareva is an energy company in Morocco wholly owned by the SNI, 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. Coal energy Nareva is in the process of constructing a coal-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 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 ...
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Société Nationale D'Investissement
Al Mada, formerly the Société Nationale d'Investissement (SNI, ) is a large private Moroccan holding company mainly owned by the Moroccan royal family. Headquartered in Casablanca, the company was established in 1966. Al Mada operates in different fields such as banking, telecommunications, renewable energy businesses and food industry among others. The conglomerate also holds stakes in the country's largest private companies: Attijariwafa Bank, Managem (mining), Nareva (energy firm), Lafarge Ciments, and Marjane (supermarket chain). Al Mada is investing in other African countries (Cameroon, Ivory Coast, Rwanda, Gabon, etc.). The holding company used to be the majority shareholder of the now defunct ONA Group, until the activities of the latter were absorbed into the SNI and subsequently disposed of. In 2012, the company's consolidated turnover was MAD53 billion (US$5.3 billion) and its net income was MAD5 billion (US$500 million). History Created in 1966, SNI has bee ...
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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 is one of the few players in the sector to develop expert skills in both upstream (engineering, purchasing, operation, maintenance) and downstream (waste management, dismantling) activities. Engie supplies electricity in 27 countries in Europe and 48 countries worldwide. The company, formed on 22 July 2008 by the merger of Gaz de France and Suez, traces its origins to the Universal Suez Canal Company founded in 1858 to construct the Suez Canal. As of 2018, Engie employed 158,505 people worldwide with revenues of €60.6 billion. Engie is listed on the Euronext exchanges in Paris and Brussels and is a constituent of the CAC 40 index. Engie was headed from 2016 to 2020 by Isabelle Kocher, who strongly transformed the company, n ...
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Mohammed VI Of Morocco
Mohammed VI ( ar, محمد السادس; born 21 August 1963) is the King of Morocco. He belongs to the 'Alawi dynasty and acceded to the throne on 23 July 1999, upon the death of his father, King Hassan II. Upon ascending to the throne, Mohammed initially introduced a number of reforms and changed the family code, '' Mudawana'', granting women more power. Leaked diplomatic cables from WikiLeaks in 2010 led to allegations of corruption in the court of Mohammed, implicating him and his closest advisors. Widespread disturbances in 2011, a Moroccan element of the Arab Spring, protested against corruption and urged political reform. In response, Mohammed put into effect a program of reforms and introduced a new constitution. These reforms were passed by a public referendum on 1 July 2011. Mohammed has vast business holdings across several economic sectors in Morocco. His net worth has been estimated at between and over US$8.2 billion, and, according to the American business ma ...
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Casablanca
Casablanca, also known in Arabic as Dar al-Bayda ( ar, الدَّار الْبَيْضَاء, al-Dār al-Bayḍāʾ, ; ber, ⴹⴹⴰⵕⵍⴱⵉⴹⴰ, ḍḍaṛlbiḍa, : "White House") is the largest city in Morocco and the country's economic and business center. Located on the Atlantic coast of the Chaouia plain in the central-western part of Morocco, the city has a population of about 3.71 million in the urban area, and over 4.27 million in the Greater Casablanca, making it the most populous city in the Maghreb region, and the eighth-largest in the Arab world. Casablanca is Morocco's chief port, with the Port of Casablanca being one of the largest artificial ports in the world, and the second largest port in North Africa, after Tanger-Med ( east of Tangier). Casablanca also hosts the primary naval base for the Royal Moroccan Navy. Casablanca is considered a Global Financial Centre, ranking 54th globally in the Global Financial Centres Index rankings for the ye ...
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Coal
Coal is a combustible black or brownish-black sedimentary rock, formed as stratum, rock strata called coal seams. Coal is mostly carbon with variable amounts of other Chemical element, elements, chiefly hydrogen, sulfur, oxygen, and nitrogen. Coal is formed when dead plant matter decays into peat and is converted into coal by the heat and pressure of deep burial over millions of years. Vast deposits of coal originate in former wetlands called coal forests that covered much of the Earth's tropical land areas during the late Carboniferous (Pennsylvanian (geology), Pennsylvanian) and Permian times. Many significant coal deposits are younger than this and originate from the Mesozoic and Cenozoic eras. Coal is used primarily as a fuel. While coal has been known and used for thousands of years, its usage was limited until the Industrial Revolution. With the invention of the steam engine, coal consumption increased. In 2020, coal supplied about a quarter of the world's primary energ ...
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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 the volume of product processed, as of 2004, it was considered the second most important port in Morocco (just after Casablanca). It is home to a swiftly expanding industrial quarter, which includes both major artificial fertilizer and petrochemical factories. Its harbour is well equipped for the exportation of phosphate rock (transported from Gantour and Ouled Abdoun) and various chemicals such as pure sulphur, ammonia, and sulphuric acid. The city is home to the largest independent power station in the country—primarily funded by investments from the Swedish-Swiss company ABB Group and the American company CMS Energy—which was thought to be capable of creating a third of Morocco's total power output.Müller-Jentsch, ...
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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 in helping to deliver the economic strategy of the Emirate of Abu Dhabi. The company currently operates in 11 countries across four continents. History The beginnings of TAQA lie within Abu Dhabi's 1998 government initiative, seeking to privatize the Emirate's water and electricity sector. Following the establishment of the Abu Dhabi Water and Electricity Authority (ADWEA) TAQA was founded in June 2005 pursuant to the provisions of an Emiri Decree in 2005 as a public joint stock company. ADWEA served as the founding shareholder, holding 51% of the company. In May 2006 TAQA appointed Peter E. Barker-Homek, an American businessman, as its first CEO. TAQA expanded quickly under the guidance of Barker-Homek, making several key acquisiti ...
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Jorf Lasfar Energy Company
Jorf is a city in Errachidia Province, Drâa-Tafilalet, 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 .... It is divided into several districts: El Mounkara, Jorf-Center, El Achouria, Oualad Ghanem, Oulad moussa, and Erramlia. According to the 2004 census it has a population of 12,135. References Populated places in Errachidia Province {{DrâaTafilalet-geo-stub ...
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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 phosphoric acid by the removal of three protons . Removal of one or two protons gives the dihydrogen phosphate ion and the hydrogen phosphate ion ion, respectively. These names are also used for salts of those anions, such as ammonium dihydrogen phosphate and trisodium phosphate. File:3-phosphoric-acid-3D-balls.png, Phosphoricacid File:2-dihydrogenphosphate-3D-balls.png, Dihydrogenphosphate File:1-hydrogenphosphate-3D-balls.png, Hydrogenphosphate File:0-phosphate-3D-balls.png, Phosphate In organic chemistry, phosphate or orthophosphate is an organophosphate, an ester of orthophosphoric acid of the form where one or more hydrogen atoms are replaced by organic groups. An example is trimethyl phosphate, . The term also refers to the ...
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Office Chérifien Des Phosphates
The OCP Group (OCP S.A.) (formerly Office Chérifien des Phosphates) is a Moroccan state-owned phosphate rock miner, phosphoric acid manufacturer and fertilizer producer. Founded in 1920, the company has grown to become the world's largest producer of phosphate and phosphate-based products and it is one of the largest phosphate, fertilizer, Chemicals and Mineral industrial companies in the world by revenue. OCP has access to more than 70% of the world's phosphate rock reserves. Initially a mining company, OCP diversified in 1965 to become a phosphate processor, making it the world's largest and leading fertilizer manufacturers. The company holds a 31% market share of the world phosphate product market. The group employs nearly 23,000 people in Morocco and a number of international subsidiaries. In 2018, its revenues amounted to US$5.884 billion. History Origins The OCP Group was founded in Morocco in 1920 as the Office Chérifien des Phosphates following Royal Decree. Min ...
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Safi, Morocco
Safi or Asfi ( ar, آسفي, ʾāsafī; ber, ⴰⵙⴼⵉ, asfi) is a city in western Morocco on the Atlantic Ocean. It is the capital of Asfi Province. It recorded a population of 308,508 in the 2014 Moroccan census. The city was occupied by the Portuguese Empire from 1488 to 1541, was the center of Morocco's weaving industry, and became a ''fortaleza'' of the Portuguese Crown in 1508. Safi is the main fishing port for the country's sardine industry, and also exports phosphates, textiles and ceramics. During the Second World War, Safi was the site of Operation Blackstone, one of the landing sites for Operation Torch. Etymology The city's name as it is locally pronounced is "Asfi", which was Latinized as "Safi" and "Safim" under Portuguese rule. "Asfi" means ''flood'' or ''river estuary'' in Berber and comes from the Berber verbal root "ffey/sfi/sfey" which means ''to flood'', ''to spill'' or ''to pour''. 11th-century geographer Al-Idrisi gave an apparently false explan ...
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