TotalEnergies Marketing Maroc is making steady progress in its solar energy initiative, with 117 of its 389 service stations now equipped with solar panels. This move reflects the company’s ongoing commitment to integrating renewable energy sources across its network.
The initiative is part of a broader strategy aimed at optimizing energy consumption and minimizing the environmental footprint of its infrastructure. The solarization program is set to expand gradually, adapting to market conditions and evolving energy demands.
At the same time, TotalEnergies Marketing Maroc saw its sales reach 1.771 million tons in 2024, marking a 3% increase from the previous year. This growth was driven by favorable market conditions and the opening of five new service stations in the final quarter.
Despite this sales increase, the company’s consolidated revenue stood at 16.75 billion dirhams, slightly below 2023 levels due to fluctuations in petroleum product prices. Meanwhile, its net debt was reported at -546 million dirhams, highlighting a cautious and well-managed financial approach.
Having operated in Morocco for over 90 years, TotalEnergies Marketing Maroc is a key player in the country’s petroleum industry, covering segments such as fuel distribution, lubricants, and aviation. With an estimated market share of 15%, it remains one of the sector’s leading companies.
Looking ahead, the company continues to invest in expanding its network and gradually incorporating alternative energy sources, aligning with the broader transformation of the energy industry.