MOROCCO SUPERCHARGES GREEN TRANSITION WITH €300M POWER GRID OVERHAUL

The initiative forms a pillar of the Morocco-European Union Green Partnership, launched in 2022 to align energy, climate, and environmental goals.

Morocco Africa Electricity grid Financing deal Energy system Transmission infrastructure.
Morocco Secures €300 Million Financing Deal to Revolutionize its National Electricity Grid
Morocco Secures €300 Million Financing Deal to Revolutionize its National Electricity Grid


In a bold stride toward a greener future, Morocco has secured a €300 million financing deal to revolutionize its national electricity grid, laying the groundwork for an energy system powered by renewables and regional resilience.

The financing, a joint package from the European Investment Bank (EIB), Germany’s KfW development bank, and the European Union, will fund a sweeping upgrade of Morocco’s transmission infrastructure. 

The investment will modernize and expand 731 kilometers of power lines, boosting grid capacity by 1,850 megavolt-amperes and making it more capable of handling growing inputs from renewable sources.

The announcement came against the backdrop of the Jbel Lahdid wind farm in Essaouira province a 270 MW facility now lighting the way for over a million Moroccans. Launched in October 2024, Jbel Lahdid is the fourth project in Morocco’s ambitious 1,000 MW integrated wind energy program.

But this is just the beginning. The National Office of Electricity and Potable Water (ONEE) plans to channel a staggering 220 billion dirhams into the energy sector by 2030, with 177 billion earmarked for electricity. Its target: 56% renewable energy capacity by 2027 and 12.5 GW of new clean energy installations.

This project strengthens the backbone of Morocco’s clean energy future, EIB Vice President Ioannis Tsakiris said. It’s about more than just infrastructure, it’s about enabling a sustainable, secure, and inclusive energy transition. 

The initiative forms a pillar of the Morocco-European Union Green Partnership, launched in 2022 to align energy, climate, and environmental goals. The transmission upgrade alone is expected to cut greenhouse gas emissions by 390,000 tons of CO2 equivalent annually by 2030 while stimulating local economies and fortifying energy security.

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