Morocco Signs Deal to Deliver 5GW of Green Power by 2030

  • The government has signed an agreement with ONEE, MASEN, and ANGSPE to deliver 5 GW of green electricity to industry by 2030.
  • The deal supports Morocco’s goal of increasing renewables to over 52% and powering a more competitive, sustainable industrial sector.

Moroccan Head of Government Aziz Akhannouch presided over the signing of a landmark agreement in Rabat on Monday, November 4, to accelerate the delivery of 5 gigawatts (GW) of green electricity to the nation’s industrial sector by 2030.

The agreement unites government bodies and energy agencies to provide 5GW of renewable power to industry by 2030. It reinforces Morocco’s goal to lift renewable capacity to over 52% of total electricity production by 2030.

Meanwhile, the convention brings together the National Office of Electricity and Drinking Water (ONEE), the Moroccan Agency for Sustainable Energy (MASEN), and the National Agency for Strategic Management of State Holdings (ANGSPE). It aims to rationalise costs, ensure fair responsibility sharing, and guarantee contractual and economic stability for renewable projects under Morocco’s state participation policy.

Furthermore, Akhannouch stated that renewables currently account for 46% of Morocco’s installed electricity capacity, with the government aiming to reach 52% by 2030, in line with King Mohammed VI’s vision. The deal forms part of the National Renewable Energy Programme (PNER) to strengthen Morocco’s energy efficiency and sustainability framework.

At the third National Industry Day, Akhannouch highlighted the resilience of “Made in Morocco” industries, noting a rise in manufacturing value added to 3.3% in 2024 and industrial exports reaching MAD 389 billion ($38.9 billion). Foreign direct investment in industry represents 35% of total inflows, reflecting investor confidence in Morocco’s industrial ecosystem.

The government has backed this growth with major infrastructure investments, including Tanger Med Port, 1,600 km of highways, and a high-speed train link between Casablanca and Marrakech, alongside the creation of 150 industrial zones and the mobilisation of 400,000 hectares of land.

Reforms, including tax adjustments, accelerated VAT refunds, and a new Investment Charter, have further enhanced the business environment. Despite global energy shocks, Morocco has maintained stable electricity prices, preserving industrial competitiveness and advancing its clean energy transition.

Morocco’s decarbonisation drive includes the development of green hydrogen and affordable access to green electricity, aligning its industries with global market standards. A decade after launching its industrial strategy, manufactured goods now account for 87% of national exports, solidifying the sector as a key driver of jobs and growth.

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