Morocco Invests $1.4 Billion in Major Wind Power Project by 2024
As part of the energy transition initiated by Morocco, Foreign Minister Nasser Bourita announced that the kingdom will invest an envelope of 14.5 billion DH in an integrated wind power program, which will be commissioned by 2024.
This announcement, which comes in the midst of the 26th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP-26) in Glasgow, Scotland, is proof that Morocco is taking the issue of clean energy very seriously. According to the Moroccan Observatory of Energy (OME), Morocco has committed to projects aimed at developing the energy sector that will cost the state $40 billion by 2030, of which $30 billion will be dedicated to renewable energies.
According to the Reuters agency, which cites a tweet from the Minister of Foreign Affairs, the integrated wind energy program that will be commissioned by 2024 will consist of wind farms installed throughout the kingdom. And to add that the implementation of this project will be a victory for Morocco’s energy transition.
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