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Released January 21, 2022 | new delhi
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Researched by Industrial Info Resources (Sugar Land, Texas)--Morocco plans to have more than 50% of renewables in its power mix by 2030. The country has made significant progress in concentrated solar power development (CSP) development, and its Noor Ouarzazate CSP plant is a milestone project for CSP for the entire Middle East-North Africa region. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Plant Database can click here for the profile.
However, due to the declining cost of solar photovoltaic (PV) power compared to CSP, Morocco is expected to see a surge in future project PV announcements along with battery energy storage to maintain grid flexibility.
Industrial Info is tracking more than $4.7 billion worth of active solar power projects in Morocco, most of which are for PV power. Subscribers can click here for related reports.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
However, due to the declining cost of solar photovoltaic (PV) power compared to CSP, Morocco is expected to see a surge in future project PV announcements along with battery energy storage to maintain grid flexibility.
Industrial Info is tracking more than $4.7 billion worth of active solar power projects in Morocco, most of which are for PV power. Subscribers can click here for related reports.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
