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.

Does Morocco have solar power?

Solar power in Morocco is enabled by the country having one of the highest rates of solar insolation among other countries— about 3,000 hours per year of sunshine but up to 3,600 hours in the desert. Morocco has launched one of the world’s largest solar energy projects costing an estimated $9 billion.

Is Morocco a good place to invest in solar energy?

Beyond Midelt, Morocco aims to develop 10 gigawatts (GW) of renewable energy (20% from solar) by 2030, with solar energy constituting a significant share. The International Renewable Energy Agency (IRENA) notes that Morocco’s solar potential, driven by 3,000 hours of annual sunshine, positions it as a prime location for large-scale projects.

Can Morocco export solar energy to Europe?

Noor’s success has laid the groundwork for Morocco’s broader strategy, exporting solar energy to Europe. The complex demonstrates Morocco’s ability to deliver large-scale renewable projects, earning the confidence of international partners.

Is Morocco becoming Africa's solar export giant?

Morocco is increasingly becoming Africa's solar export giant. With close proximity to Europe, the North African country is building massive solar infrastructure to export power to countries like Spain, Portugal, among others.

Is Morocco reshaping the geopolitics of energy trade?

North African nation, Morocco, is transforming its abundant solar resources into a strategic tool for reshaping the geopolitics of energy trade, particularly with Europe. The Noor Solar Complex, one of the world’s largest concentrated solar power (CSP) facilities, has established Morocco as a renewable energy leader.