The Khalladi wind farm has reached a new milestone, reinforcing its role as a pioneer in Morocco’s energy transition. A report from the Climate Investment Funds (CIF) praises the site’s performance, with annual production now hitting 397 GWh, surpassing the initial projections made during the design phase. Emission reductions are following a similar trend: over 180,000 tons of CO₂ have been avoided, exceeding initial expectations.
This project is among the first tangible outcomes of Law 13-09, which permits private production of renewable electricity and its direct sale to industrial clients. Khalladi perfectly illustrates this opening: even before it became operational in 2018, long-term contracts had been signed with Holcim Morocco, Asment, and Cimat, securing the bulk of its revenues. The remainder of the electricity is sold through shorter contracts, generating more attractive margins.
Located in the north of the Kingdom, the farm is equipped with forty 3 MW turbines, providing a total installed capacity of 120 MW. Its connection to the Tétouan station via a 225 kV line enhances its stability and integration into the electricity grid. The total investment amounts to $183 million.
The CIF report also highlights the financial significance of the project. Khalladi has pioneered a unique financing mechanism in dirhams for renewable energy infrastructure in Morocco, thanks to joint currency coverage from the European Bank for Reconstruction and Development (EBRD) and several local banks. By eliminating currency risk, this model sets a strong precedent for future investments in the national energy transition.
In this way, Khalladi confirms its dual mission: to produce clean energy while exceeding its targets and to serve as a benchmark for renewable projects funded in local currency.
