Morocco’s Energy Transition, Energia Oltre All Eyes

Italian media Energia Oltre highlighted Morocco’s successful energy transition and renewables development, especially in the Sahara region, reflecting genuine international interest in the Moroccan market’s growing potential.
Morocco would export clean energy to partner countries and receive foreign investment in a variety of industries, including green hydrogen, as per the article released on Friday.
“Energia Oltre” noted that the OCP Group’s green investment program (2023-2027), worth 130 billion dirhams, sets the country’s course in terms of transition to green energy and a decarbonized economy.
The green project focuses on the Kingdom’s southern provinces, which are now a real magnet for foreign investors. The country is stepping up the development of renewables in the Sahara to strengthening the region’s attractiveness and enhance its influence internationally, wrote the article.
Several companies and investors, particularly from the United Kingdom, Germany, Italy, and Israel, have already shown interest in the country.
The Moroccan offer also piqued the interest of Americans, especially the green hydrogen giant CWP Global, which has confirmed two major projects after two years of research in the southern provinces.
Also, Morocco is the first country to sign a contract with Germany for the production of green hydrogen, as part of Germany’s 2020 hydrogen policy. The Kingdom is forecast to become Africa’s leading producer of green hydrogen by 2025.