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Economy

Renewable Energy Opportunities: Green Capital Identifies Four Sites for Projects in Morocco

Friday 05 January 2024 - 15:45

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Morocco is making substantial strides in its ambitious pursuit of renewable energy development and the strengthening of economic ties across Africa, as recently revealed by the Polish renewable energy firm, Green Capital.

Green Capital has pinpointed four strategically advantageous locations within Morocco for the implementation of large-scale solar and wind power installations. The selection is underpinned by Morocco's geographically advantageous position and supportive political climate, positioning these sites as pivotal hubs for renewable power generation and transmission throughout the region.

These identified locations stretch along Morocco's Atlantic coastline, encompassing the cities of Dakhla, Laayoune, and Boujdour. Spearheaded by Green Capital, the commencement of utility-scale projects at these sites is scheduled within the year. Importantly, these initiatives align with King Mohammed VI's vision for sustainable development and enhanced economic ties across Africa.

Green Capital's leadership asserts that the chosen sites boast exceptional solar irradiance and wind speeds conducive to efficient renewable energy production. The proximity to coastal areas further facilitates the potential export of clean power to markets across Africa. Anticipating significant economic activity and job growth in surrounding communities over the next few decades, senior project officials are optimistic about the positive impact of these developments.

This strategic move exemplifies Morocco's ongoing commitment to establishing itself as a leader in renewable energy integration and fostering Africa-oriented economic development. Key stakeholders express confidence that the high-potential sites identified by Green Capital will catalyze increased investment and collaboration in clean energy deployment across the continent.