The report outlines Morocco's renewables’ targets; the country aims to achieve at least 52% of installed electricity capacity from renewables 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.
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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