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The Flemish green energy company Windvision and the listed building group CFE have set up a joint venture to build and manage wind farms in Morocco with an estimated investment value of 600 million euros. It has been baptized Compagnie Marocaine des Energies CMD two years ago. They intend to submit applications for building permits to the tune of 400 megawatt by the end of next year and hope to receive the go-ahead in the course of 2014. If all planned projects materialise and the wind turbines are eventually built, the investment could amount to 600 million euros or 1.5 million euros per megawatt. The permits concerned will be valid for twenty years and the projects will be written down within twelve years.
Windvision owns just over 50% of CME and CFE owns the rest. CME president Johan Vos says they hope to bring a local partner on board in the long term. Windvision is known for its management of the windfarm at Estinnes near Bergen province of Hainaut. The windfarm contains 11 turbines with a capacity of 7.5 megawatt, a height of 140 meters and vanes spanning 60 meters each. According to Vos these are the biggest wind mills in the world. In Belgium the company manages 130 megawatt at four sites but they are also keen to gain a foothold in Serbia, France, Cyprus, Bosnia and Croatia. In Belgium their activities are mostly limited to Wallonia Estinnes, Floreffe, Leuze-sur-Hainaut. “Wind energy legislation is much more coordinated and clear in Wallonia. Urban planning and energy competencies are much better geared to one another and some years ago they were managed by one minister. That’s a huge advantage,” says Vos. “In Flanders there is still room for improvement and a need for better coordination.”
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