Morocco plans to invest 7 billion dollars to increase its energy capacity by 9 gigawatts by 2027, nearly doubling its current capacity. The focus will be on renewable energies, particularly solar and wind power, which will account for more than two-thirds of this new capacity. Morocco aims for renewable energies to make up more than half of its energy mix by 2050. Natural gas and green hydrogen will also play important roles, with developing infrastructure and incentives to attract investments in these sectors.
By massively investing in renewable energies, Morocco aims to become a leader in clean energy production. The government is implementing policies and incentives to encourage investments in green technologies, such as green hydrogen, to reduce carbon emissions and modernize its energy sector. The development of infrastructure for the import and use of liquefied natural gas complements this plan, illustrating Morocco’s commitment to a sustainable and diversified energy future.
With these initiatives, Morocco is positioning itself not only to meet its growing energy needs but also to play a crucial role in the global energy transition.