Morocco Solar Panel Manufacturing | Market Insights Report
Explore Morocco solar panel manufacturing with market analysis, production statistics, and insights on capacity, costs, and industry growth trends.
The 'Morocco: Solar investment opportunities' report provides an overview of Morocco's business environment, and major macroeconomic trends, while analysing the regulatory framework and infrastructure network of the country.
In November 2009 Morocco announced a solar energy project worth $9 billion which officials said will account for 38 percent of the North African country's installed power generation by 2020. Funding would be from a mix of private and state capital. The ceremony was attended by U.S. Secretary of State Hillary Clinton and the Moroccan king.
Exporting solar should have stabilizing effects on the region, according to Masen, the Moroccan solar energy agency. Talks are already ongoing with Tunisia, while exports across the Mediterranean to the EU remain the ultimate goal.
The report's most likely 'medium' scenario forecasts that Morocco will reach 2.27 GW of total installed solar capacity by 2027, and 2.97 GW by 2028. Benjamin Clarke, Global Markets Manager at SolarPower Europe (he/him) highlighted; “Morocco's solar future is shining bright!
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