Strategic Pivot: Why Global Energy Storage Giants Are Betting
Morocco has emerged as a compelling investment destination for energy storage companies, leveraging its strategic advantages in natural resources and geopolitical positioning.
On April 23, 2025, Morocco's Ministry of Energy Transition and Sustainable Development launched a call for expressions of interest to develop an integrated infrastructure for natural gas reception, storage, re-gasification, and transport, alongside a gas-fired power plant.
Renewables will contribute 52 %, with solar and wind energy each providing 20 %, and hydropower accounting for 12 %. Looking toward 2050, Morocco's long-term renewable energy strategy targets 70 % renewables in its electricity production mix, with total generation expected to rise significantly to 214 TWh.
Morocco has an average solar potential of five kilowatt hours (kWh) per square meter per day, although this varies geographically. Total installed capacity from solar energy currently stands at 831 MW. According to the Ministry of Energy Transition, and Sustainable Development, Morocco could potentially generate 25,000 MW of wind power.
The Government of Morocco seeks to increase the security of the energy supply by reducing dependence on imports, including increasing the use of renewable sources for electricity production. As of the end of 2023, the share of renewable energy in the electrical capacity mix stood 11.42 GW (ANRE data).
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