The agreement was signed during a ceremony at COP 22 in Marrakech, the company said in a statement.
"The NOOR PV I Program will consist of three projects: NOOR Ouarzazate IV, with a capacity of around 70MW, NOOR Laayoune, 80 MW and NOOR Boujdour, 20 MW. This is the first solar PV phase of the NOOR Solar Plan, which has already seen three major Concentrated Solar Power (CSP) projects in Ouarzazate," the statement said.
The electricity produced by the plants using Photovoltaic technology will power thousands of homes and reduce carbon emissions by thousands of tonnes of CO2 equivalent emissions every year of its operation.
Sterling and Wilson has been selected as the EPC contractor for what will be one of the largest Solar PV plants in North Africa.
Once completed, the plant is expected to be operational for 20 years. Sterling and Wilson will be contributing to the local development of the community by ensuring maximum engagement of local resources on these projects.