The financing of Nareva’s new Boujdour II wind farm is moving forward with the support of Attijariwafa bank and Banque Centrale Populaire. The project is expected to develop approximately 300 MW of additional wind power capacity.
Morocco is seeking a second gateway to the European electricity grid. Rabat and Lisbon are relaunching their interconnection project, but the direct cable, its route and its financing have yet to be determined.
The project for Morocco’s first offshore wind farm has reached a new stage. An international consortium has just been tasked with studying its feasibility over two years, with particular attention being paid to the Atlantic coast near Essaouira.
Electricity consumption rose by 8.4% in Morocco in the first half of 2026, while national production increased by only 1.6%. This gap was accompanied by a 34.6% surge in imports.
At the end of 2025, renewables accounted for 39.6 % of installed electricity capacity in Morocco, compared with 2.1 % in Algeria. Their share of the electricity generation fleet is therefore nearly 19 times higher in Morocco, according to the latest available international statistics.
Morocco could achieve its target of raising renewable energy to 52 % of its installed electricity capacity two years ahead of schedule. The IEA PVPS now estimates that this threshold, set for 2030, could be reached as early as 2028.
Morocco remains the leading Arab consumer of coal. Its consumption increased again in 2025, despite the rise in the Kingdom’s investments in solar and wind energy .
The $30 billion electrical cable project between Morocco and Germany faces conditions set by Rabat. The Kingdom wants to be able to import electricity through this link, not just export its renewable energy to Europe.
Morocco is preparing a massive "water battery" near Chefchaouen to store surplus solar and wind electricity. Backed by $265 million from the World Bank, the Ifahsa project will develop a capacity of 300 megawatts.
Morocco and France are studying the creation of a direct electrical link under the Mediterranean. This future cable would allow Moroccan renewable electricity to be transported to the French network without passing through Spanish interconnections.
The Moroccan desert, the future eldorado of renewable energies? This is the bet of the Kingdom, which aims to set up four new large-scale projects there. International companies are at work, ready to invest massively in this region with exceptional potential.
Spain and Morocco are fighting for the ownership of the underwater mountain Tropico, located 4,000 meters below the sea and teeming with essential materials for the production of green energy.