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Energy Transition Minister Leila Benali announced Morocco's plan to more than double its electricity generation capacity from 12 to 27 gigawatts by 2030, when the kingdom will co-host the FIFA World Cup with Spain and Portugal. Speaking at a chemical industry forum in Rabat on Wednesday, Benali revealed that renewable sources will account for 80% of this expansion.
According to Bloomberg, the ambitious project will cost 120 billion dirhams ($13 billion) through a combination of public and private investment.
The expansion aims to boost water desalination capacity and attract foreign investment in green economy sectors, including carbon-free hydrogen and fertilizer production. Morocco targets contributing 4% of global green hydrogen production by 2030, while state-controlled OCP SA plans to produce 3 million tons of green ammonia by 2027.
For the record, the government has signed agreements with UAE-based Taqa and Morocco's Nareva to increase electricity production and develop desalination plants.
