In a significant move towards enhancing water security and energy independence in Morocco, the state-owned National Office of Electricity and Drinking Water (ONEE) has inked three pivotal agreements with key players in the energy sector. The agreements were signed with the Mohammed VI Public Investment Fund, Taqa Morocco (a subsidiary of the Emirati energy giant Taqa), and Nareva (the energy arm of the royal holding company Al Mada). These collaborations aim to bolster Morocco’s critical infrastructure and pave the way for sustainable development.
The total investment under these agreements is estimated to reach nearly 130 billion dirhams, equivalent to approximately $14 billion, by the year 2030. One of the key projects outlined in the agreements is the construction of a 1,400-kilometer high-voltage transmission line that will transport green electricity from the disputed territory of Western Sahara to Casablanca. Additionally, plans include the establishment of seawater desalination plants, which are vital in addressing Morocco’s pressing water scarcity issues.
Morocco has been a frontrunner in renewable energy investments over the past 15 years, with renewable sources currently catering to 38 percent of the nation’s electricity needs. The country has set ambitious targets to increase this percentage to 52 by 2030, showcasing its commitment to sustainability and reducing reliance on non-renewable resources.
The partnership between Morocco and the consortium comprising UAE entities signifies a strategic collaboration aimed at not only meeting the energy demands of the nation but also addressing its water challenges. With Morocco facing acute water stress, the focus on desalination projects underscores the country’s proactive approach to diversifying water resources and ensuring long-term sustainability.
The agreements reached between the involved parties mark a significant milestone in the energy and water sectors of Morocco, setting the stage for comprehensive advancements in infrastructure and resource management. This collaborative effort exemplifies the importance of international partnerships in driving sustainable development and fostering economic growth.
Reference: Reddit – r/Africa
By transforming these agreements into actionable projects, Morocco is poised to strengthen its position as a regional leader in renewable energy and sustainable water management. The investments and initiatives outlined in the agreements are not only crucial for Morocco’s domestic needs but also pave the way for greater regional cooperation and environmental stewardship.
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