Tuesday 04, July 2017 by Matthew Amlôt

Morocco secures $25 million loan from the Clean Technology Fund for hybrid solar project

Morocco received approval for a $25 million loan from the Climate Investment Funds’ Clean Technology Fund (CIF CTF) for a project to generate solar power through an innovative hybrid Concentrated Solar Power (CSP) and Photovoltaic (PV) solution. The Midelt Phase I Concentrated Solar Power Project is being supported by the African Development Bank (AfDB) and the World Bank with an additional allocation of $25 million in CTF resources.

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