Morocco's renewable energy capacity to grow until 2035

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“The greatest challenge for the Moroccan government is ensuring energy security, as its low fossil fuel reserves mean that it must depend on imports to meet its power generation needs", says GlobalData.

Official Press Release GlobalData:

Renewable power to account for 20.6 GW of Morocco’s power capacity by 2035, says GlobalData

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Renewable power to account for 20.6 GW of Morocco’s power capacity by 2035, says GlobalData

Thermal power was the most dominant segment of Morocco's power capacity in 2021 as it accounted for 60.5% of total capacity says GlobalData.

According to the leading data and analytics company, while renewable power only had a 23.8% share, or 2.6 GW capacity in 2021, it is estimated to witness rapid growth between 2021 and 2035, growing at the highest CAGR of 10.3% and is forecasted to account for over half the cumulative installed capacity in the country. According to GlobalData’s report, ‘ ... More: Official Press Release GlobalData

GlobalData, Morocco, capacity, installation, investment, thermal power, renewable power, wind energy program, wind farm

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