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Home » Morocco Plans $2.7 Billion Investment in Electricity and RE
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Morocco Plans $2.7 Billion Investment in Electricity and RE

By Lakshita Kapoor Fri, Jan 31st, 2025
Egypt Looks to Expand Solar and Smart Grid Plans with China
Egypt Looks to Expand Solar and Smart Grid Plans with China
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Morocco is preparing to invest 27 billion Moroccan dirhams ($2.7 billion) in electricity infrastructure over the next five years. The investment will focus on expanding the electricity network and increasing the share of renewable energy sources, according to Tarik Hammane, Director General of the National Office of Electricity and Drinking Water.

By the end of 2024, renewable energy contributed 44.3 percent of Morocco’s total electricity production. The country has developed several renewable energy projects, with a total installed capacity of around 5,400 megawatts (MW). This includes approximately 2,400 MW from wind power, 2,100 MW from hydropower, and 900 MW from solar energy.

Morocco has expanded its renewable energy portfolio through its wind farms spread across different regions. The Tarfaya Wind Farm, located in the southern part of the country, has an installed capacity of 301 MW and consists of 131 wind turbines. The Aftissat Wind Farm, situated near Boujdour, has expanded to more than 400 MW. The Tangier Wind Farm, one of the first large-scale wind projects in Morocco, has a capacity of 140 MW. Other wind farms, such as those in Essaouira and Koudia Al Baida, contribute to the overall wind energy production.

Additionally, the country’s Solar outlook has also increased, projects such as the Noor Ouarzazate Solar Complex is a major solar energy project with a total capacity of 580 MW. It consists of four phases, including Noor I, II, III, and IV. Noor I, II, and III use concentrated solar power (CSP) technology with thermal storage, allowing energy generation even after sunset. Noor IV uses photovoltaic (PV) technology.

Another solar initiative is the Midelt Solar Project, which combines CSP and PV technology. The first phase, Noor Midelt I, is expected to generate around 800 MW with storage capability.

Morocco has several hydropower plants, contributing around 2,100 MW to the grid. The largest include the Afourer pumped-storage station and the Bin El Ouidane dam. The Abdelmoumen pumped-storage hydroelectric plant, with a capacity of 350 MW, was developed to improve grid stability and store excess renewable energy.

electricity investment Middle East Morocco renewable energy
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