Update : Oops, not the biggest project, as there’s a 12 $billion 1000 Mw (1 GW) plan in Dubai. But this project is taking it slow seriously, taking until 2030 to complete! Fake plan? Making solar 5% of the mix!
Morocco already has a parabolic trough solar thermal plant, and it has been courted by Desertec to do more, to become a power producer for Europe. But it turns out it will work with Saudi developer ACWA Power to build the biggest solar plant on the planet, and rightly so!
It is the first of a two-phase project, due for completion in 2020, that is expected to cover 3,000 hectares and have a generation capacity of 500 megawatts, enough to met the electricity needs of Ouarzazate’s 1.5 million residents.
The project to generate electricity is slated to cost 420,- Euro per power consumer. That either means it is intrinsically extremely profitable or that it makes electricity progressively cheaper. We see the latter in Germany where electricity prices drop when the sun is out or the wind blows (see how well they balance each other here). The third way, which is our roboeconomic way, is to create money based on the market value of the energy so that it can be traded, sold, and used, without disturbing the larger money supply system (which is carbon based, we call it the carboncredit system).
Solar Trough Thermal Power Plant – Aïn Beni Mathar
55,000 MWh/yr more info about this site
">Soon Morocco will realize its lands hold limitless bounty, and the dryness and unihabitable nature of it may become a thing of the past. Let’s hope by then there’s no ban on increasing rainfall or clouds, to maximize the output of the solar plants.