Morocco Goes Big On Solar Power
Energy Refuge
Earlier this month, Morocco announced that it will invest $9billion in solar energy to build five solar power farms across thecountry. The combined energy output will be 2,000MW. The northernAfrican country hopes to be getting 38% of its installed powergeneration from the sun by 2020.
Even though no date was set for the solar project to get going, ithas caused an international impact. Germany announced that they havedonated $4m in support of Morocco’s solar power drive, according to Bikya Masr, a Cairo-based website. The donation will be used to develop local industry and research.
Elsewhere, Steel Guru today wrote that the European Investment Bank has “set aside” 500 million Euros tofinance a solar power station in Ouarzazate, in the south of Morocco,which will export solar energy to Europe.
Morocco is the only northern European country that does not sit onoil reserves so it’s imperative for them to find renewable sources ofenergy. The country is blessed with plenty of sunshine therefore solarpower presents itself as the most promising solution.
Source
Search 26k+ Solar Articles
Recent
- Glass and Green Building
- How China Will Transform The Energy Industry
- New Project Will Forecast Solar Generation
- In Focus: The Potential of Los Angeles Solar
- Tesla Reports Profit, Stock SKYROCKETS
- SolarCity Raises $500M
- Graphene That Redefines Electric Current
- NextEra Gobbles Up Smart Energy Capital
- Oil Prices and Renewable Energy
- 5 Promising Eco Careers
- In Focus: People Power!
- The EV Cordless Power Vehicle Charging System






