January 28 (SeeNews) - Renewable energy accounts for 35% of the current electricity generation capacity in Morocco, state officials announced on Wednesday.
"When adding the projects that are currently under construction in wind, solar and hydro, the kingdom is well set to achieve its target of 42% share of renewables in the generation mix by 2020. In fact, Morocco has already lifted the target to 52% by 2030, Ali Fassi Fihri, general manager of the national power utility ONEE, noted at the opening of the fifth general conference of Arab Union of Electricity which closed yesterday in Marrakech.
Morocco is uncontested leader in renewable energy in the Arab world.
According to data presented by Essa Bin Hilal Al Kuwari, president of Qatar General Electricity & Water Corporation – Kahramaa, clean power currently accounts for just 0.7% of the electricity generation capacity in the Arab world with a goal of reaching 5% by 2020.
In contrast, Morocco plans to add about 10,100 MW of renewable power capacity between 2016 and 2030. Of these, 4,560 MW will come from solar, 4,200 MW from wind and 1,330 MW from hydro power resources.
If the goal is fulfilled, in 2030, wind and solar will each represent 20% of the generation mix in Morocco and hydro power will contribute about 12%.
Energy Minister Abdelkader Amara noted that this capacity build-up will require an investment to the tune of USD 30 billion (EUR 27.5 bn) and also present excellent opportunities for investments in the private sector.
(USD 1 = EUR 0.916)