INDUSTRY TRENDS

Renewables Provide Development Opportunities for Morocco, Africa

Rabat – Despite the recent energy crisis that hit Africa and the globe, renewables provide opportunities for regional development and the creation of new industrial opportunities in green hydrogen, solar energy, and critical minerals, said the International Energy Agency (IEA) in its latest Africa Energy Outlook.

Issued on June 20, the report notes that Morocco has an updated nationally determined contribution (NDC) to the Paris Agreement that provides comprehensive conditional and unconditional terms covering energy, waste, Agriculture, Forestry, and Other Land Use (AFOLU), and  Industrial Processes and Product Use (IPPU).

Morocco has notably worked on increasing its renewables share in electricity and pledged to not build any new coal-fired power plants to meet its green energy commitments, according to the IEA report.