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Research: Land finance contributes to Morocco's water and electricity needs Power and Energy

09 Feb 2019| Posted by Morris | In Power and Energy

Rabat - Morocco has recently benefited from some 33.5 million euros in loans and grants, as part of two agreements aimed at financing joint projects in the fields of renewable energies, electricity and water.

Javad Al-Kharraz, research director at the Middle East Center for Desalination Research, said the agreements signed last Tuesday between Morocco and Germany contribute to the financing of Morocco's strategic projects.

He pointed out that its importance comes from CONHAM contributing to reducing the burden and water and energy problems by financing the country's largest desalination plant, launched last year.

"Not only drinking water but also agricultural water, especially in Souss (about 500 km south of Rabat), is known for its abundant groundwater and extensive agricultural activity," he said.

He added that the German support will focus on financing new desalination projects in a number of coastal cities in Morocco such as Rabat and Al Hoceima (500 km north of Rabat) and Nador (511 km north of Rabat).

Over the past few years, Morocco has entered the era of renewable energies by investing heavily in major energy projects, especially the solar power stations Noor and Mazin, one of the world's largest power plants. Projects and 6 in progress.

Solar plants cost 2.2 billion euros, which the European Union has financed by more than 60 per cent.

According to the National Renewable Energy Program, Morocco's power plants are expected to reach 6,000 MW of solar, hydropower and wind power by next year.

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