With strategic investment in solar infrastructure, Morocco is poised to realise its full potential, accelerate its energy transition, and foster long-term sustainable growth.” Morocco is committed to expanding its renewable energy capacity, aiming to reach at least a 52% share of its total electricity capacity by 2030.
The report says several big investors from the Gulf, including Saudi Arabia's Public Investment Fund, Abu Dhabi's Mubadala, and Dubai's AMEA Power, are putting money into solar projects in Morocco. They're also active in Egypt and Jordan, but Morocco stands out because of its strong solar potential and national push for clean energy.
Morocco has set clear goals of getting 52% of its electricity from renewable sources by 2030. It's also planning to increase its solar capacity to 2.7 gigawatts by 2027 and 2.97 gigawatts by 2028. One of the biggest examples of Morocco's solar efforts is the Noor Ouarzazate complex.
While Masdar, an energy company from the UAE, doesn't have its own solar stations in Morocco yet, it has partnered with Morocco's electricity office to help bring solar power to more than 19,000 households. The report also highlights the role of MASEN, Morocco's agency for sustainable energy.
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