Morocco

In Morocco, where expensive imported fossil fuels satisfy 97% of its energy demands, the development of renewable energy and energy efficiency is a national priority. The country seeks to exploit its vast wind and solar resources.

INVESTING IN MOROCCO

In line with its national energy strategy that seeks to increase wind and solar power generation capacity by 2,000 MW each by 2020, Morocco is investing $150 million from the CTF to expand wind and solar photovoltaics (PV) development.

CTF concessional financing is contributing to 1,070 MW in new wind power capacity, and helping to establish the infrastructure needed to make wind energy commercially viable. It is also supporting the deployment of the first mid-size solar PV plants in the country for 75-100 MW total and expected to pave the way for solar PV penetration nationwide.

FACTS ABOUT MOROCCO

In 2006, 94% of total energy was produced from fossil fuels

42%

of total energy mix is to come from solar, wind, and hydroelectric sources by 2020

Projects in Morocco

NAME FUND FUNDING (USD MILLION) COFINANCING (USD MILLION) MDB
  Clean and Efficient Energy Project FUNDClean Technology Fund COFINANCING (USD MILLION) 23.95 FUNDING (USD MILLION) 134 MDBIBRD  
  Morocco-Phase II of Midelt or Tata FUNDClean Technology Fund COFINANCING (USD MILLION) 25 FUNDING (USD MILLION) 240 MDBAFDB  
  Morocco-Phase II of Midelt or Tata FUNDClean Technology Fund COFINANCING (USD MILLION) 25 FUNDING (USD MILLION) MDBIBRD  
  Noor II and III Concentrated Solar Power Project FUNDClean Technology Fund COFINANCING (USD MILLION) 119 FUNDING (USD MILLION) MDBIBRD  
  Noor II and III Concentrated Solar Power Project FUNDClean Technology Fund COFINANCING (USD MILLION) 119 FUNDING (USD MILLION) 2508 MDBAFDB  
  One Wind Energy Plan FUNDClean Technology Fund COFINANCING (USD MILLION) 125 FUNDING (USD MILLION) 2264 MDBAFDB  
  Ouarzazate I Concentrated Solar Power Project FUNDClean Technology Fund COFINANCING (USD MILLION) 97 FUNDING (USD MILLION) 585 MDBIBRD  
  Ouarzazate I Concentrated Solar Power Project FUNDClean Technology Fund COFINANCING (USD MILLION) 100 FUNDING (USD MILLION) 1390 MDBAFDB  

TRANSFORMING VISION INTO ACTION

The CIF programmatic approach to investment planning and implementation brings strategic value to CIF recipient countries. Working through a transparent, country-led process, the CIF fosters trust and collaboration among government ministries, civil society, indigenous peoples, private sector, and the MDBs that implement CIF funding . Together they translate Nationally Determined Contributions and other national development and climate strategies into an actionable CIF investment plan. Rather than one-off projects, the plan comprises long-term, sequenced investments that mutually reinforce each other and link to other critical activities, such as policy and regulatory reform and capacity building. Under national government leadership, CIF stakeholders continue to work together to implement the plan, continually assessing progress and sharing lessons learned along the way.