The World Bank Implementation Status & Results Report Morocco: Noor Solar Power Project (P131256) Morocco: Noor Solar Power Project (P131256) MIDDLE EAST AND NORTH AFRICA | Morocco | Energy & Extractives Global Practice | IBRD/IDA | Investment Project Financing | FY 2015 | Seq No: 12 | ARCHIVED on 25-May-2021 | ISR46494 | Implementing Agencies: MASEN, MASEN Key Dates Key Project Dates Bank Approval Date: 30-Sep-2014 Effectiveness Date: 05-May-2015 Planned Mid Term Review Date: 30-Jun-2022 Actual Mid-Term Review Date: Original Closing Date: 30-Jun-2020 Revised Closing Date: 28-Jun-2024 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The PDO is to increase (a) installed capacity (megawatt) and (b) electricity output (megawatt-hour), especially during peak hours, of the Noor- Ouarzazate Solar Complex. Has the Project Development Objective been changed since Board Approval of the Project Objective? Yes Board Approved Revised Project Development Objective (If project is formally restructured) The PDO is to increase innovative solar power generation in Morocco. Components Table Name Financing the Initial Investment:(Cost $2377.00 M) Cost Mitigation Mechanism:(Cost $199.00 M) Noor Midelt Power Plants and Associated Infrastructure Facilities:(Cost $1600.00 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Satisfactory Satisfactory Overall Implementation Progress (IP) Satisfactory Satisfactory Overall Risk Rating Moderate Substantial Implementation Status and Key Decisions The project is generally progressing satisfactorily towards project development objectives and implementation, although with some delays in the case of Noor Midelt plants. Noor Ouarzazate The Noor Ouarzazate Concentrated Solar Complex, comprised of three plants, has been fully operational since October 2018. The overall complex reached a total generation of 1130 GWh in 2020 and provides reliable and sustainable power to approximately 1 million people in Morocco. The 5/25/2021 Page 1 of 7 The World Bank Implementation Status & Results Report Morocco: Noor Solar Power Project (P131256) project reached a satisfactory 80 percent of expected energy generation in 2020, and on site workforce for the three plants has reached 239 (100 percent local, and 10 percent women). Noor Midelt Plants As part of the additional financing, the closing date was extended from December 2022 to June 2024. Noor Midelt I plant is expected to reach financial close by the end of June 2021, whereas Noor Midelt II Plant is being rebid under revised technical specifications to achieve better value for money but the selection process of private sector developers has been stalled since the beginning of the Covid19 epidemic. As a result, and taking into consideration the current pandemic, the Mid -term Review is expected to be implemented by mid-2022. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance -- Moderate Substantial Macroeconomic -- Moderate Moderate Sector Strategies and Policies -- Substantial Substantial Technical Design of Project or Program -- Moderate Moderate Institutional Capacity for Implementation and -- Moderate Moderate Sustainability Fiduciary -- Moderate Moderate Environment and Social -- Substantial Substantial Stakeholders -- Moderate Substantial Other -- Substantial Substantial Overall -- Moderate Substantial Results PDO Indicators by Objectives / Outcomes Increase innovative solar power generation in Morocco IN00986894 ►Noor Solar Projects Electricity Sales (GWh) (Gigawatt-hour (GWh), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 599.00 1,130.00 2,624.00 Date 30-Jun-2014 30-Jun-2020 31-Mar-2021 28-Jun-2024 Annual basis (end December each year) Comments: IN00986895 5/25/2021 Page 2 of 7 The World Bank Implementation Status & Results Report Morocco: Noor Solar Power Project (P131256) Noor Solar Projects Electricity Sales – Ouarzazate Complex (GWh) (Gigawatt-hour (GWh), Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 599.00 1,130.00 1,300.00 Date 31-Dec-2014 30-Jun-2020 31-Mar-2021 28-Jun-2024 IN00986921 Noor Solar Projects Electricity Sales – Midelt Complex (GWh) (Gigawatt-hour (GWh), Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 1,324.00 Date 30-Nov-2017 30-Jun-2020 31-Mar-2021 28-Jun-2024 IN00986922 ►Noor Solar Projects Electricity Sales during peak hours (GWh) (Gigawatt-hour (GWh), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 170.00 317.00 870.00 Date 30-Jun-2014 30-Jun-2020 31-Mar-2021 28-Jun-2024 IN00986923 Noor Solar Projects Electricity Sales during peak hours – Ouarzazate Complex (GWh) (Gigawatt-hour (GWh), Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 170.00 317.00 540.00 Date 30-Jun-2014 30-Jun-2020 31-Mar-2021 28-Jun-2024 IN00986924 Noor Solar Projects Electricity Sales during peak hours – Midelt Complex (GWh) (Gigawatt-hour (GWh), Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 330.00 Date 13-Nov-2017 30-Jun-2020 31-Mar-2021 28-Jun-2024 IN00986925 ►People provided with new or improved electricity service (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 520,403.00 982,360.00 2,200,000.00 Date 30-Jun-2014 30-Jun-2020 31-Mar-2021 28-Jun-2024 IN00986926 Female beneficiaries (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 50.30 50.30 50.30 IN00986927 5/25/2021 Page 3 of 7 The World Bank Implementation Status & Results Report Morocco: Noor Solar Power Project (P131256) ►Avoided global GHG pollution (Tones/year, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 362,307.00 674,040.00 1,270,000.00 Date 30-Jun-2014 30-Jun-2020 31-Mar-2021 28-Jun-2024 Intermediate Results Indicators by Components Component 1- Financing for the Initial Investment IN00986928 ►Private Capital Mobilized (Amount(USD), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 413,000,000.00 413,000,000.00 597,000,000.00 Date 30-Jun-2014 30-Jun-2020 31-Mar-2021 28-Jun-2024 IN00986930 ►Generation capacity of energy constructed or rehabilitated (Megawatt, Corporate) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 510.00 510.00 1,310.00 Date 30-Jun-2014 30-Jun-2020 31-Mar-2021 28-Jun-2024 IN00986933 Renewable energy generation capacity (other than hydropower) constructed under the project (Megawatt, Corporate Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 510.00 510.00 1,310.00 Date 30-Jun-2014 30-Jun-2020 31-Mar-2021 28-Jun-2024 IN00986934 Noor Ouarzazate I Capacity constructed (Megawatt, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 160.00 160.00 160.00 Date 30-Jun-2014 30-Jun-2020 31-Mar-2021 28-Jun-2024 IN00986935 Noor Ouarzazate II and III Capacity constructed (Megawatt, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 350.00 350.00 350.00 Date 30-Jun-2014 30-Jun-2020 31-Mar-2021 28-Jun-2024 5/25/2021 Page 4 of 7 The World Bank Implementation Status & Results Report Morocco: Noor Solar Power Project (P131256) IN00986936 Noor Midelt Phase I Capacity constructed (Megawatt, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 800.00 Date 13-Nov-2017 30-Jun-2020 31-Mar-2021 28-Jun-2024 IN00986937 ►Grievances registered related to delivery of project benefits addressed (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 100.00 100.00 100.00 Date 23-Nov-2017 30-Jun-2020 31-Mar-2021 28-Jun-2024 IN00986938 ►Share of female job-recruits receiving information on training and skilled work in the Noor Midelt Phase I project (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 75.00 Date 18-Apr-2018 30-Jun-2020 31-Mar-2021 28-Jun-2024 IN00986939 ►Number of hired workers on the Noor Midelt site (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 1,200.00 Date 18-Apr-2018 30-Jun-2020 31-Mar-2021 28-Jun-2024 IN00986940 of which female (Number, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 120.00 Component 2- Cost Mitigation Mechanism IN00986929 ►Progress of Overall Construction - Noor Ouarzazate II (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 100.00 100.00 100.00 Date 13-Nov-2017 30-Jun-2020 31-Mar-2021 28-Jun-2024 IN00986931 ►Progress of Overall Construction - Noor Ouarzazate III (Percentage, Custom) 5/25/2021 Page 5 of 7 The World Bank Implementation Status & Results Report Morocco: Noor Solar Power Project (P131256) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 100.00 100.00 100.00 Date 30-Jun-2014 30-Jun-2020 31-Mar-2021 28-Jun-2024 IN00986932 ►Progress of Overall Construction - Noor Midelt Phase I (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 100.00 Date 13-Nov-2017 30-Jun-2020 31-Mar-2021 28-Jun-2024 Performance-Based Conditions Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P131256 IBRD-84400 Effective USD 400.00 400.00 0.00 230.21 131.99 64% P131256 IBRD-88470 Effective USD 100.00 63.00 37.00 0.16 62.84 0.3% P131256 TF-17509 Effective USD 119.00 119.00 0.00 119.00 0.00 100% P131256 TF-A7233 Effective USD 25.00 25.00 0.00 0.00 25.00 0% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P131256 IBRD-84400 Effective 30-Sep-2014 19-Dec-2014 05-May-2015 30-Jun-2020 28-Jun-2024 P131256 IBRD-88470 Effective 08-Jun-2018 16-Dec-2019 06-Mar-2020 31-Dec-2022 28-Jun-2024 P131256 TF-17509 Effective 30-Sep-2014 19-Dec-2014 05-May-2015 30-Jun-2020 28-Jun-2024 P131256 TF-A7233 Effective 08-Jun-2018 16-Dec-2019 06-Mar-2020 28-Jun-2024 28-Jun-2024 Cumulative Disbursements 5/25/2021 Page 6 of 7 The World Bank Implementation Status & Results Report Morocco: Noor Solar Power Project (P131256) PBC Disbursement Achievement Disbursed amount in Disbursement % PBC ID PBC Type Description Coc PBC Amount Status Coc for PBC Restructuring History Level 2 Approved on 11-Aug-2015 ,Level 2 Approved on 24-Jun-2016 ,Level 2 Approved on 06-Dec-2019 Related Project(s) P164288-Morocco - Noor Solar Power Project Additional Financing 5/25/2021 Page 7 of 7