Fadel Senna/AFP/Getty Images Morocco launched its new solar power plant on Thursday in the city of Ouarzazate.

Morocco is on the way to dramatically cutting its dependence on imported oil after successfully launching Noor 1 -- the first phase of what will eventually become the world's largest concentrated solar plant.

The country has historically relied almost entirely on imports from abroad for its energy. Now it has found a way to transform its abundance of sunlight into an economic asset.

When the project is completed in 2018, it's expected to reduce Morocco's fossil fuel reliance by two and a half million tons of oil and provide enough leftover energy to export to Europe.

Fadel Senna/AFP/Getty Images King Mohammed VI inaugurated Noor 1, the first phase of a solar plant that will provide power to 650,000 Moroccans, on Feb. 4, 2016.

Morocco's King Mohammed VI inaugurated the first installment of the new thermodynamic project on Thursday in the desert city of Ouarzazate, flanked by famous guests like French Energy Minister Ségolène Royal and balloonist Bertrand Piccard.

Five hundred thousand curved mirrors now line the Moroccan desert in rows, spanning a surface area that is visible from space.

The project is funded by the World Bank, African Development Bank, European Investment Bank and private stakeholders, and its first phase cost an estimated $894 million. The total price tag for the project will be approximately $9 billion, according to Moroccan officials.

"The Noor Project will allow Morocco to reach energy independence," Moroccan Communications Minister Mustapha El Khalfi told HuffPost Morocco.

Many people speak, but Morocco acts. the biggest solar powerplant opens today thanks to the King's vision with Masen pic.twitter.com/lFp0mDqpWO — Bertrand PICCARD (@bertrandpiccard) February 4, 2016

Initially, Noor 1 will provide 650,000 residents with 160 megawatts of power, the Guardian reports. It's eventually expected to generate 580 megawatts of power for 1.1 million people, 20 hours per day.

The government also plans to build power stations in other Moroccan cities, aiming to complete the Noor Project by 2018. Together, the power stations should yield 2,000 megawatts of solar energy -- reducing Morocco's carbon emissions by a projected 760,000 tons per year.

Noor 1 alone will eventually reduce carbon emissions by 240,000 tons per year, said Mustapha Bakkoury, chairman of the Moroccan Agency for Solar Energy, which spent six years developing the power plant in Ouarzazate.

This video, which is narrated in French and posted to YouTube by Pierre Gable, gives an overview of the Noor Project.

FADEL SENNA/AFP/Getty Images The Noor 1 solar plant in Ouarzazate, Morocco, uses 500,000 curved mirrors to harness the sun's energy.

FADEL SENNA/AFP/Getty Images Noor 1 will eventually provide power to 1.1 million locals.

Jalal Morchidi/Anadolu Agency/Getty Images When completed, the entire Noor Project is expected to reduce carbon emissions by 760,000 tons per year.

FADEL SENNA/AFP/Getty Images The Noor Project is expected to cost about $9 billion, which has already been secured from a variety stakeholders.

So far, the project has earned plenty of praise. A study conducted by the German research institution Wuppertal Institute and the NGO Germanwatch found that "Unlike the potential harm associated with mining activities and fossil fuel power plants at the local level, the negative impacts stemming from Noor I were found to be low and significantly lower in areas including harm to public health and air and water pollution."

“It is a very, very significant project in Africa,” said Mafalda Duarte, the manager of Climate Investment Funds, an organization that helped fund the initiative. "Morocco is showing real leadership and bringing the cost of the technology down in the process,” she added.

The new power plant will lead to energy security and job creation, said Marie Francoise Marie-Nelly, the World Bank country director for Maghreb. “With this bold step toward a clean energy future, Morocco is pioneering a greener development and developing a cutting edge solar technology,” she said.

In November, Morocco will host COP 22, the United Nations' annual climate change conference, where world leaders discuss strategies to reduce global greenhouse gas emissions.

Initiatives that lower carbon emissions are particularly important in North Africa, a region at risk of great climate change-related damage, studies show. Scarce water and rising temperatures will ultimately shorten growing seasons and reduce crop yields, threatening agricultural lands that are an important source of revenue.

Morocco aims to reach 52 percent clean energy production by 2030. Beyond its powerful new solar plant initiative, the country is also making strides in its water management initiatives, intended to combat desertification by protecting the country's vulnerable oases.

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