- TAQA Morocco aims to accelerate the activation of its solar project Noor Midelt, which has a capacity of 96 MW.
- For wind energy, the company has 100 MW projects in the country’s north and 600 MW in the pre-development stage in the south.
TAQA Morocco aims to invest $1.6 billion in renewable energy solutions in Morocco to increase electricity production by 50 percent by 2030. The company plans to diversify its activities in clean energy and water desalination as part of its new strategy. The firm aims to increase its production capacity of electricity from renewable sources by 1,000 megawatts, which will help reduce the carbon footprint by 25 percent.
In the field of wind energy, the company has 100 MW projects in the north of the country and a 600 MW project in the pre-development stage in the south. Established in 1997, TAQA Morocco is the country’s first private electricity producer, with six units with a production of 2,056 MW. It also aims to accelerate the activation of its solar project Noor Midelt, which has a capacity of 96 MW.
Abdul Majeed Iraqi Hosseini, board chairman, said, “The company has been producing electricity from coal only. In 2023, we seek to turn into a platform for coal, gas, and renewable energy generation to reduce the carbon footprint.”