Moroccan Minister of Energy Transition, Leila Benali, said that her country has invested 60 billion dirhams ($6 billion) in renewable energy projects over the past 14 years. This came during Benali's speech at the Council of Advisors (the second chamber of the Moroccan Parliament) in the capital, Rabat, yesterday, Tuesday.
Benali considered that “these projects were launched since the announcement of the National Energy Strategy in 2009.” She noted that more than 50% of wind energy projects were developed by the private sector.
She explained that investment in renewable sectors, especially by the private sector, will witness development between 2023 and 2027, as annual investment will double 4 times compared to the period between 2009 and 2022.
The minister added, “There are projects related to green hydrogen, and others to desalinate seawater and remove carbon from the national industry.”
Regarding encouraging investment in the field of renewable energies, she indicated that investment in renewable energies has been accelerated since 2021 by strengthening and developing the national electrical grid.
Increased production capacity
The Minister said that about 23 billion dirhams have been programmed during the period 2023-2027, in order to “integrate examples of renewable energies and ensure the supply of electricity to various regions,” noting that a request for interest has been launched to establish a direct high-voltage electrical connection with a capacity of 3 gigawatts, over a distance of 1,400 kilometers. Which will transmit electricity from the south to the north.
The Minister reported that Morocco It has accumulated a total capacity in the field of renewable energies amounting to approximately 4.6 gigawatts, of which 852 megawatts are related to solar energy, with an investment amounting to 30 billion dirhams, highlighting that 60 billion dirhams have been invested in renewable energy projects since the launch of the national energy strategy in 2009.
On November 23, 2022, the Royal Court said, “Rabat intends to produce 52% of electricity from renewable energies by 2030.”
The Bureau stated in a statement at the time that the country aims to rise to the club of countries with strong qualifications in the future sector, and to respond to the multiple projects undertaken by global investors and pioneers.