Morocco is a stunningly beautiful, relatively well-organised country and uniquely situated. Sitting on the edge of the Mediterranean and connecting Europe, the Middle East and Africa, it generates significant income from agriculture, tourism and the automotive industry, and has the fifth-largest economy on its continent.
Despite these advantages, it has not historically had access to the cheap sources of energy that many other MENA countries have been able to take for granted. But all that is about to change and will be of interest to businesses thinking of investing in Morocco.
By 2030, the government has pledged to raise Morocco`s target share of renewable energy to 52%. Cleaner, greener energy is in everybody`s interests and the more renewable energy projects are created, the better the technology gets and the cheaper the electricity becomes.