The Head of Government, Aziz Akhannouch, chaired a signing ceremony in Rabat yesterday for an agreement to implement integrated projects for electricity generation from renewable energies. This collaboration includes the government, the National Office of Electricity and Potable Water, the Moroccan Agency for Sustainable Energy “Masen,” and the National Agency for Strategic Management of State Contributions and Monitoring of Public Institutions’ Performance.
The agreement aims to accelerate the implementation of the national renewable energy program and ensure a sovereign and sustainable energy transition by mobilizing production capacities of up to 5 gigawatts of green electricity directed towards national industry before 2030. It also seeks to optimize costs throughout the value chain and enhance coordination between the public institutions concerned with energy to ensure economic and contractual stability for the projects.
Akhannouch emphasized that the agreement reflects the royal directives calling for an accelerated energy transition and the enhancement of sovereignty in this field, reminding attendees that Morocco has managed, thanks to the royal vision, to raise the share of renewable energies to 46 percent of the national electricity production capacity, with a target of exceeding 52 percent by 2030.
The agreement was signed by the Minister of Economy and Finance, the Minister of Energy Transition and Sustainable Development, the Minister Delegate for Budget, along with the Director General of the National Agency for Strategic Management of State Contributions, the Director General of the National Office of Electricity and Potable Water, and the Chief Executive Officer of Masen.
