Morocco strengthens its leadership in renewable energy, ranking second in the Arab world for attracting investments.

Morocco strengthens its leadership in renewable energy, ranking second in the Arab world for attracting investments.

- in Economy

Morocco Strengthens Its Leadership in Renewable Energy and Ranks Second Arab World at Attracting Investments

The “Second Sectoral Report for 2025” issued by the Arab Investment and Export Credit Guarantee Corporation (GAURANTEE) reveals that Morocco is solidifying its position as an emerging regional power in the energy sector, ranking second in the Arab world for attracting foreign investments directed towards renewable energy, while leading in wind energy production within the region.

The report highlights the profound transformation taking place in the Arab energy landscape, with Morocco presenting an advanced model in diversifying energy sources and attracting green capital, alongside its rise as a significant commercial hub in the electricity and equipment market.

From 2003 to 2024, the kingdom recorded substantial performance in attracting foreign investments dedicated to renewable energy, with a total amount of $38.1 billion, accounting for 11% of total Arab investments in this sector. This dynamic resulted in the launch of 55 projects, creating over 12,267 jobs, positioning Morocco second after Egypt, ahead of countries like the UAE and Mauritania.

In the wind energy sector, the report confirms that Morocco is regionally dominant, producing nearly 9.2 terawatt-hours, which constitutes 42% of Arab wind energy production. Estimates suggest that only three Arab countries—Morocco, Egypt, and Jordan—will account for 94% of the electricity generated from wind.

Regarding total national electricity production, Morocco ranks ninth in the Arab world for 2025, with a projected production of 43 terawatt-hours, equivalent to 2.9% of the Arab total. Thermal sources still make up the largest component of the energy mix with 28.7 terawatt-hours, compared to 9.2 from wind, 3.7 from solar energy, and 1.2 from hydropower.

On the level of foreign trade in electricity and equipment, Morocco ranked third in the Arab world in 2024, with a volume of $3.322 billion, representing 8.2% of the Arab total. The Moroccan performance is divided between exports valued at $360 million—mostly energy generation equipment—and imports exceeding $2.86 billion, making Morocco the third-largest Arab importer after the UAE and Saudi Arabia.

The report indicates that the kingdom imports $413.7 million worth of electricity, accounting for 33.6% of the region’s total electricity imports.

Socially, Morocco records notable progress, achieving full electricity connectivity at a rate of 100%, surpassing the Arab average of 96%. It ranks ninth in total electricity consumption with 39.2 terawatt-hours, with expectations to reach 44.3 by 2030.

In contrast, individual energy consumption in Morocco remains average, ranking 14th in the Arab world with 1.1 thousand kilowatt-hours per person, significantly below the Arab average of 8.6 thousand kilowatt-hours and the levels of Gulf countries, which lead the rankings.

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