Morocco is moving ahead with a new wind energy project in Laâyoune after YNNA Group and UAE based AMEA Power agreed to work together on a 104 megawatt wind farm.
Eco Wind SA, part of YNNA Holding in Casablanca, will buy a 50% stake in Tarouma Wind 1 SA. The deal with AMEA Energy Investments 20 DMCC gives both sides shared control of the project.
The wind farm is planned as part of Morocco’s plan to produce more than 52% of its electricity from renewable energy by 2030. Construction is expected to start by the end of 2025, with operations due in 2027.
Eco Wind SA works in developing and managing renewable energy projects. AMEA Power, based in the United Arab Emirates, invests in renewable energy projects across several regions.
Mama Tajmouati, CEO of YNNA Group, said: “This partnership marks a decisive turning point for YNNA, reflecting the group’s commitment to building a competitive, sovereign, and low-carbon energy model to serve Morocco and our subsidiaries.”
Hussain Al Nowais, Chairman of AMEA Power, said: “Morocco is a key market for AMEA Power, and we are determined to expand our footprint here through large-scale investments. This partnership is fully aligned with our commitment to developing sustainable, accessible energy solutions with a strong local impact.”
The project is expected to cut more than 330,000 tons of carbon dioxide emissions each year. It is also expected to create jobs and support local development in Laâyoune.
The deal adds to growing investment from Gulf countries in Morocco’s southern regions, which are becoming key areas for renewable energy projects.
The project is part of a wider government plan to develop wind, solar and green energy in the south of the country. A 1,400 km high voltage power line is also being developed to carry electricity from southern projects to cities like Casablanca and Kenitra.
AMEA Power is already active in Morocco, including solar projects in Taroudant and El Hajeb. This wind farm adds to its expanding presence in the country.
