NOOR III CSP Project

This page provides information on NOOR III CSP project, a concentrating solar power (CSP) project, with data organized by background, participants, and power plant configuration.

Project Overview

Power Station: NOOR III
Location: Ouarzazate

Drâa-Tafilalet
Morocco
Owners (%): NOMAC
Technology Power Tower
Solar Resource: 2508
Nominal Capacity: 150 MW
Status Operational
Start Year: 2018

Status Date

Status Date July 07, 2021

Background

Break Ground Date 2017
Expected Generation (GWh/year) 500
Lat/Long Location 31.06,-6.87

Participants

Developer ACWA
Saudi Arabia
EPC Sener, SEPCO III
Spain, China
Electricity Generation Offtaker ONE

Costs

Total Construction Cost (2018) $ 862.00 million
Total Cost USD (2020) $877.05 million
Specific Cost/kW USD (2020) $ 5847
LCOE USD/kWh (2020) $ 0.15
Levelised cost of electricity with 5% weighted average cost of capital and a 25 year payback period, capacity dependent O&M (1.5% of investment cost per year), deflated from Year_operational using the Worldbank's GDP deflator; if station under development or construction then not deflated (assumed cost year 2020)
Remuneration MAD/kWh 1.42
Remuneration Start Year 2018
Remuneration USD/kWh Deflated (2020) 0.15
PPA or Tariff Period (Years) 25
Support Scheme Type PPA
Concessional Funding or Other Support CTF $119 million; IBRD $119 million (Noor II and III)

Plant Configuration

Solar Field

Solar Field Aperture Area (m²) 1312000
Collector/Heliostat Engineering or IP Owner Sener
Spain
Collector/Heliostat Model HE54

Solar Field (Receiver)

Receiver Working Fluid Molten salt
Receiver Working Fluid Category Salt
Tower Height (m) 247
Receiver Manufacturer Sener
Spain

Power Block

Nominal Turbine or Power Cycle Capacity 150 MW
Turbine Manufacturer Siemens
Germany
Turbine Model  SST- 700/900
Power Cycle Steam Rankine
Cooling Type Dry

Thermal Energy Storage

Storage Type 2-tank direct
Storage Capacity (Hours) 7
Storage Description Molten salt