Morocco plans renewable energy investment
25 May 2011
The Moroccan government has revealed plans to invest €8 billion (£6.9 billion) in renewable energy projects between now and 2020.
In addition, the German government has agreed to support the plan with further investment of more than €43 million.
Morocco has already presented a budget for the promotion of renewable energies and energy efficiency to the council of ministers.
In addition, renewable energies related to total energy consumption, energy efficiency in public buildings, in industry and in public transport will be improved.
As such, the National Federation of Electricity & Electronics, Fenelec, in close cooperation with the trade fair specialists Fairtrade from Heidelberg, is organising the exhibition EneR Event for the first time.
The International Renewable Energy and Energy Efficiency Trade Fair is scheduled to take place from 22nd to 26th November 2011 at the International Fairgrounds of Casablanca, Morocco.
Meanwhile, Morocco was recently named as one of the countries that is set to benefit from investment from the Coca-Cola Africa Foundation. Other beneficiaries include Algeria, Kenya, Liberia, Nigeria and Rwanda.