info.afrindex.com
China-Africa Trade Information Service
info.afrindex.com
China-Africa Trade Information Service
Image from Morocco World News
Morocco has a very rich source of new energy. According to relevant reports, Morocco ranks second only to South Africa in the ranking of new energy resources in Africa.
Morocco has great potential for wind energy and has made remarkable progress in the field of wind power generation. It is reported that the Moroccan government plans to build five wind power plants nationwide, and it is estimated that by 2020, the national wind power installed capacity will increase to 2,000 MW.
Morocco's investment opportunities in the energy sector were presented before representatives of over 220 Portuguese companies, at a seminar organized on Thursday in Lisbon.
The meeting was an opportunity to highlight the enormous potential of Morocco particularly in the strategic field of renewable energy and to stress its importance.
Speaking at the opening of the seminar on the theme "energy sector in Morocco: opportunities and internationalization," Portuguese secretary of state for energy, Jorge Seguro Sanches, reiterated the determination of his country to strengthen cooperation with Morocco in the energy sector and renewable energy in particular.
The Moroccan electricity market represents a real alternative for Portugal whose production is over target, said Sanches, recalling in this regard the launching in June of a study of technical and economic feasibility for electrical interconnection between the two countries.
