In a bid to strengthen and modernize its electricity infrastructure, Morocco plans to invest 27 billion dirhams (around $2.6 billion) over the next five years. The announcement was made by Tarik Hamane, Director General of the National Office of Electricity and Drinking Water (ONEE), during a high-profile energy forum in Casablanca on Wednesday. This strategic investment will focus on integrating more renewable energy sources—particularly wind and solar power—into the grid, with special attention to southern and southeastern provinces.

Hamane’s remarks came during the International Energy Forum, organized by Industrie du Maroc Magazine. The event centered around a vital question for the nation’s development: “Oil, gas, hydrogen, and renewable energy—what energy mix is needed for a competitive business landscape?”

The investment plan aims to reduce energy costs, a move designed to attract industries that rely on high energy consumption, such as battery production plants and Giga Factories. Another major objective is decarbonizing Morocco’s economy, positioning the country as a competitive hub for sustainable industries.

Morocco has pursued an ambitious energy transition strategy since 2009. Today, the country boasts a renewable energy capacity of 5,400 megawatts (MW), which accounts for 44.3% of its total installed capacity. This includes:

  • 2,400 MW from wind farms
  • 2,100 MW from hydropower
  • 900 MW from solar installations

With several large-scale projects already under development, Morocco is on track to surpass its 52% renewable energy target ahead of schedule.

Despite these advancements, a key challenge remains: managing the intermittency of renewable energy sources. Solar and wind power are weather-dependent, making it crucial to invest in grid infrastructure that can handle fluctuating supply and demand. According to Hamane, ONEE is focusing on grid upgrades and advanced technologies to ensure the seamless integration of renewable energy into the national network.

This infrastructure upgrade will not only increase the grid’s stability but also create opportunities for Morocco to export clean energy to neighboring countries.

Morocco’s commitment to clean energy is more than an environmental initiative—it’s a cornerstone of the country’s strategy to become a regional leader in sustainable industrial development. With significant investments and robust planning, Morocco aims to build a future where renewable energy drives both economic competitiveness and environmental stewardship.