Rabat solar energy storage investment economics

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 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.

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).

Why should investors invest in the solar sector?

Finally, the report’s recommendations reflect the evolving dynamics of the energy sector in the country. As the country undergoes its energy transition, the solar sector, in particular, is experiencing a consistent growth, offering investors a chance to contribute to a sustainable future while achieving attractive returns.