Energy projects 'must help right people'
10 November 2010
It is important that the right people benefit from concentrated solar power (CSP) projects in Africa, it has been claimed.
According to the Bank Information Centre, which partners with developing countries to influence international financial institutions, poor communities of the Southern Mediterranean must benefit from these energy infrastructure projects.
With the Clean Technology Fund created in 2009 to invest in projects in Morocco, Algeria and Egypt among others, it is vital all agreements stay faithful to the World Bank's mission of poverty reduction.
The Ouarzazate CSP plant in Morocco is the first to be developed and it is currently the largest proposed CSP plant in the world.
As things stands, the country imports all of its energy needs and so once the scheme has been completed, the nation will be able to increase its revenues from this market.
It comes after South Africa unveiled plans to build the world's largest solar park.