Lanpec’s $6.9M Project Supports Morocco’s Solar Energy Sector
- 中国合约商
- Aug 8
- 1 min read
Ouarzazate, August 6th, 2025
On August 5, 2025, China’s Shanghai Lanpec Technologies Co., Ltd. (603278.SH), led by Chairman Zhang Wei, announced a $6.9 million (MAD 67.3 million) financial guarantee for its subsidiary, Shanghai Lanbin Petrochemical Equipment – Succursale du Maroc, in partnership with Spain’s Cox Energy for a molten salt tank installation at Noor Ouarzazate III.
The project supports 10 MW of the 150 MW solar plant’s capacity, creating 50 high-skill jobs by 2026. Lanpec, known for Middle East energy equipment contracts, enters Morocco’s solar sector, which leverages 3,000 hours of annual insolation. Minister Leila Benali notes Morocco’s 52% renewable energy target by 2030, with the 582 MW Noor Solar Complex exporting 600 MW to Spain in 2024.
Cox Energy, active in Noor Midelt I, strengthens the project’s credibility. The installation supports Morocco’s role as a renewable energy hub, targeting Europe’s $43.7 billion solar market and enhancing trade and innovation.
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