Rabat solar energy storage investment economics

What is Morocco's solar investment opportunities report?

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.

Why should Morocco invest in solar energy?

With strategic investment in solar infrastructure, Morocco is poised to realise its full potential, accelerate its energy transition, and foster long-term sustainable growth.” Morocco is committed to expanding its renewable energy capacity, aiming to reach at least a 52% share of its total electricity capacity by 2030.

What is pvout (photovoltaic output) in Morocco?

PVOUT (photovoltaic Output) is an indicator (kWh/kWp/year) that evaluates the potential solar energy production per unit of solar panel capacity installed over a long period. The average annual PVOUT in Morocco ranges from 1600 to 1900 kWh/kWp/yr depending on the location. Figure 11. Map of yearly photovoltaic output in Morocco (kWh/kWp/year).

What is the future outlook of solar energy in Morocco?

Future Outlook of Solar Energy in Morocco Morocco is steadily working on increasing the share of renewables in its electricity mix and has set up very ambitious targets of reaching an RE share in the installed capacity of 52% by 2030, 70% by 2040, and 80% by 2050 (Figure 21 and Figure 22).