Morocco solidifies position as top Arab destination for renewable energy investment

Saturday 15 November 2025 - 07:50

By: Dakir Madiha

Morocco solidifies position as top Arab destination for renewable energy investment

Morocco has emerged as one of the leading markets for renewable energy investment in the Arab region, according to a recent report by the Arab Investment and Export Credit Guarantee Corporation (Dhaman). The study, which spans the period from 2003 to 2024, highlights the country's consistent performance in attracting foreign direct investment (FDI) for clean energy projects.

Morocco's share in regional renewable energy projects

The report reveals that Morocco accounted for 10.8% of all renewable energy investments in the Arab world during the 22-year period. The Arab region hosted a total of 360 renewable energy FDI projects, implemented by 188 firms, creating over 83,000 direct jobs. Morocco ranks among the top five destinations for green energy investment, alongside Egypt, the United Arab Emirates (UAE), Mauritania, and Jordan. Together, these nations captured 69% of all projects, 83% of total investment costs, and 82% of new jobs in the sector.

Egypt leads with 45.9% of the region's renewable energy investments, while Morocco remains a prominent player due to its stable regulatory framework and long-term energy vision. The country has established itself as a hub for large-scale solar and wind energy projects, aligning with its ambitious sustainability goals.

Key investors and project developers

The UAE leads as the largest source of funding in the Arab renewable energy sector, contributing 25.2% of total investments. France, India, and Gulf nations also play significant roles, accounting for 8.6%, 8.2%, and a substantial share of investments, respectively. Other contributors include the United Kingdom, Saudi Arabia, China, the United States, and Germany, showcasing a diverse investor landscape.

Saudi Arabia’s ACWA Power emerges as the leading project developer, managing 20 projects that account for 5.6% of regional investment. Other notable players include AMEA Power and Masdar from the UAE, as well as European firms like Scatec Solar, Voltalia, and Building Energy. Moroccan company Taqa Morocco also features prominently, with six renewable energy projects under its belt.

Investment trends in solar, biomass, and wind energy

Solar energy dominates the region’s green investment landscape, attracting US$46.5 billion in funding, followed by biomass (US$29.5 billion) and wind power (US$25.1 billion). Morocco’s focus on expanding its solar and wind capacity has positioned the country as a leader in the transition to sustainable energy within the Arab region.

Dhaman’s findings underline Morocco’s resilience and appeal as a renewable energy hub, driven by its commitment to sustainability, robust energy policies, and strategic partnerships with global investors.