Morocco’s solar power capacity is expected to nearly triple by 2028, reaching 2.9 GW, according to GlobalData, a leading data and analytics firm. This remarkable growth is a testament to the government’s unwavering commitment to renewable energy and a series of planned solar projects that are poised to transform the country’s energy landscape.
Morocco solar capacity: The fastest growing renewable energy source
According to a report by NS Energy, Morocco’s solar power capacity will grow at a compound annual growth rate (CAGR) of 19.4%, solidifying its status as the fastest-growing renewable energy sector in the country. The ambitious target set by the Moroccan government aims to generate 52% of its electricity from renewable sources by 2030, with solar energy playing a pivotal role in achieving this milestone.
Abhinav Goel, Power Analyst at GlobalData, emphasized, “Morocco’s solar power capacity is expected to grow at a CAGR of 19.4% between 2024 and 2028, reaching 2.9 GW by 2028. This growth will be driven by a series of planned solar projects and the government’s commitment to renewable energy.”
Key projects driving Morocco solar capacity expansion
Morocco is on the cusp of launching several major solar power projects, including the Ain Beni Mathar Solar Power Plant, which will boast a capacity of 1,200 MW and is slated for completion by 2028. The country also intends to expand the Noor Midelt Solar Power Plant, currently at 420 MW, by an additional 300 MW.
Furthermore, Morocco is actively developing a 100 MW solar power plant in the province of Guelmim and a 200 MW plant in the province of Tata. These projects underscore the nation’s strategic focus on boosting its solar capacity to meet and exceed its renewable energy targets.
How Morocco solar capacity fuels economic growth
The burgeoning solar energy sector is anticipated to play a crucial role in Morocco’s economic expansion in the years ahead. The solar power industry is projected to create thousands of jobs and attract billions of dollars in investment. By reducing its reliance on imported energy, Morocco will not only improve its energy security but also fortify its position as a leader in renewable energy in the Middle East and North Africa region.
Morocco’s solar power sector is poised for rapid growth, with the country expected to become a beacon of renewable energy innovation. The development of solar power will help Morocco achieve its renewable energy targets, create jobs, attract investment, and enhance energy security. For further insights into Morocco’s solar initiatives and market trends, visit Morocco Solar Panel Manufacturing | Market Insights Report.
Additionally, Morocco’s strategic push to double green energy production by 2027 is part of a broader national strategy to enhance its renewable energy infrastructure. For more details on this initiative, check out the article Morocco to Double Green Energy Production Ahead of 2027.