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 a solar energy plan?

Morocco has since pledged to increase the renewables in its electricity mix to 52% by 2030, made up of 20% solar, 20% wind and 12% hydro. In November 2009 Morocco announced a solar energy project worth $9 billion which officials said will account for 38 percent of the North African country's installed power generation by 2020.

Does Morocco need a solar power station?

Ouarzazate Solar Power Station. As of 2019, renewable energy in Morocco covered 35% of the country’s electricity needs.

What are Morocco's renewables goals?

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.

How much solar power will Morocco have by 2027?

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.

How much energy does Morocco produce from renewables?

Production of energy from renewables lagged behind a little, at closer to 20% of the country's total in 2019. But the country has come a long way. Morocco has since pledged to increase the renewables in its electricity mix to 52% by 2030, made up of 20% solar, 20% wind and 12% hydro.