The report outlines Morcocco’s renewables’ targets; the country aims to generate at least 52% of its electricity from renewable energy sources by 2030, positioning itself as a regional leader in the energy transition in Africa.
This report provides an overview of Morocco’s business environment, and major macroeconomic trends, while analysing the regulatory framework and infrastructure network of the country. It maps the Moroccan energy sector, including the energy mix, key stakeholders, and the policy and legislative framework governing renewable energy generation, more specifically regarding solar energy generation. Finally, the report’s recommendations reflect the evolving dynamics of the energy sector in the country.
Morocco is committed to expanding its renewable energy capacity, aiming to reach a 52% share of its total electricity capacity by 2030. As the country undergoes its energy transition, the solar sector, in particular, is experiencing a consistent growth, offering investors a chance to contribute to a sustainable future while achieving attractive returns. The report’s most likely ‘medium’ scenario forecasts that Morocco will reach 2.27 GW of total installed solar capacity by 2027, and 2.97 GW by 2028.
Morocco: Solar investment opportunities
This report explores the numerous investment opportunities within Morocco’s solar sector, highlighting the country’s market dynamics, regulatory frameworks, as well as concrete recommendations to accelerate solar deployment.
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