What are Morocco's new energy goals?

Morocco currently aims to increase the share of renewables in its total power capacity to 52% by 2030, 70% by 2040 and 80% by 2050. Morocco’s new targets are against a backdrop of the progress achieved in the expansion of both wind and solar during the initial phase of energy transition, according to GlobalData.

Is Morocco preparing to launch a 1.6 GW Bess project?

Morocco is preparing to launch a massive foray into clean energy with its ambitious 1.6 GW BESS projects. The National Office for Electricity and Drinking Water (ONEE) is expected to invite tenders for battery energy storage systems (BESS) totaling nearly 1,600MW.

What are Morocco’s recent projects on solar energy?

Recent projects dedicated to solar energy include a loan from the Climate Investment Funds’ Clean Technology Fund. This program, which is set to invest $25 million, demonstrates Morocco’s commitment to the Paris Agreement and its continued support in reducing greenhouse gases.

What is Morocco's energy strategy?

The Ministry of Energy, Mining, and Environment oversees the development and implementation of the national strategy for the development of renewable energ The Kingdom of Morocco has adopted since 2009, under the High Royal Orientations, an energy strategy that has set the goal of increasing the power of rene

Will Morocco increase its power capacity by 2050?

Using energy storage and green hydrogen among others, Morocco aims to increase the share of renewables in its total power capacity to 52% by 2030, 70% by 2040 and 80% by 2050.

How has Morocco managed energy security?

Morocco has achieved significant progress and has taken various measures to manage the long-term energy security of the country and to facilitate the sustainable development of the renewable energies (RE) and the energy efficiency (EE) throughout the country.