Skip to content

Constructionreview

  • Home
  • News
  • Buildings
  • Energy
  • Transport
  • Commentary
  • Company Reviews
  • Knowhow
  • Forum
  • Classified
Home » Energy » Morocco to receive US $34.6m grant to support sustainable development

Morocco to receive US $34.6m grant to support sustainable development

Published on Feb 13, 2019by teresia njoroge
Home » Energy » Morocco to receive US $34.6m grant to support sustainable development
Three countries to receive US $50m boost in energy expansion projects
The government of Morocco is set to receive US $34.6m grant from Germany to support sustainable development.

The signing of the arrangements which took place between Morocco’s Minister of Economy and Finance Mohamed Benchaaboun and the German ambassador to Morocco, Goetz Schmidt-Bremme intends to support renewable and electric energy, water supply, and desalination of seawater.

Also Read: Kathu Solar Park attains its commercial operations

Partnership agreement

The partnership will include a high-ranking steering committee at state secretary level. The content of the partnership will be handled in thematic work groups for ‘Development cooperation and low emission strategies promoted by energy projects’ and ‘Cooperation on energy policy/supporting investment and research projects’.

A permanent secretariat will be created in the Moroccan Ministry of Energy, Mining, Water and the Environment in Rabat to support the partnership on organization and content. Currently, the key topics are energy strategies (with a focus on renewable energies), private sector projects closely related to the market, research partnerships, low emission strategies and development cooperation.

According to Mohamed Benchaaboun, Moroccan reforms will benefit from Germany’s support program, particularly in business climate and investment promotion, whether for small and medium-sized enterprises (SMEs) or start-ups.

 African hub of sustainable development

Following its efforts to become an African hub of sustainable development, particularly in renewable energy, Morocco has been classified among developing countries that notably improved their renewable energies sector and policies since 2010.

Morocco produces 28,000 gigawatt hours of electricity and imports the rest of its energy needs from Spain and is seeking  boost its production capacity by 6,500 megawatts by 2020, with solar and wind energies each representing 2,000MW, according to a US International Trade Administration 2017 report.

 

Search for projects

  • Region/Country

  • Sector

Popular posts

Welcome to Construction Review a portal that serves the building and construction industry through our blog, e-newsletter, social media presence and print publication

  • Privacy policy statement
  • Terms and conditions
  • Magazines
  • About us
  • Cookie Policy (EU)
  • Cookie Policy (UK)

Contact us

Guest Posting

Take down policy

© 2023 Constructionreview
Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
View preferences
{title} {title} {title}
pixel