ACWA Power Wins Euro Morocco Solar Power Deal

A consortium led by Saudi Arabia's ACWA Power International has won a 1.7 billion euro contract to build two solar power plants totalling 350 megawatt (MW) in the southern Moroccan city of Ouarzazate, the Moroccan solar energy agency said in a statement.

The consortium includes Spain's Sener and had priced its offer at 1.36 dirham per kilowatt (KW) for the first 200 MW plant with parabolic mirror technology, while it priced the plant with solar power tower technology at 1.42 dirhams per KW.

(Reporting by Aziz El Yaakoubi; Editing by Michael Urquhart)