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Country Highlights

Morocco: Renewable Energy Initiatives & Sustainability Efforts

Morocco has made significant strides in renewable energy initiatives and sustainability efforts, aiming to reduce its reliance on imported fuels and strengthen its energy sovereignty. The country’s renewable energy potential, particularly in wind and solar resources, has been a focal point in its efforts to transition to a more sustainable energy mix.

The government of Morocco has prioritized the growth of the renewable energy sector, with a goal to increase the share of renewable energy in its power generation. Currently, the country imports approximately 90 percent of its energy needs, and it seeks to decrease this dependence on energy imports by increasing the use of renewable sources for electricity production.

Morocco’s renewable energy projects are supported through the Moroccan Agency for Sustainable Energy (MASEN)—which plays a key role in bringing together permitting, land acquisition, financing aspects, and securing state guarantees for investments in the sector.

The country has also demonstrated its commitment to renewable energy by achieving some of the lowest renewable energy prices in the world, particularly in the wind sector, at less than three cents per kilowatt-hour.

The country’s efforts in promoting renewable energy have positioned it as a leader in the region, with significant potential to become a center for green industrial energy production. Morocco’s commitment to renewables and its ambitious plans to increase the share of renewables in its energy mix reflect its dedication to sustainability and energy independence.

Morocco’s renewable energy initiatives and sustainability efforts are driven by its abundant renewable energy potential, the need to reduce dependence on imported fuels and the government’s commitment to achieving a more sustainable and resilient energy sector in order to promote green economy. The country’s progress in this area has positioned it as a renewable energy powerhouse, with significant potential for further growth and development in the sector.

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Featured Reports

Understand the macroeconomic situations that affect the global positioning of countries.

Businesses can better understand how chatbots can advocate their vision.

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