The Moroccan government has announced its ambition to capitalize on the potential of its coasts to support the development of wind energy, considered essential for the implementation of its renewable energy goals. The project was formalized on Tuesday 10 June on the sidelines of the United Nations Ocean Conference in Nice

Morocco is taking a step forward in its energy strategy with the launch of a vast offshore wind farm with a capacity of 1,000 megawatts will be built near Essaouira. This project is among the very first investments of the Blue Mediterranean Partnership (PBM), a multi-donor fund launched to support a sustainable blue economy in the southern Mediterranean and in the Red Sea

In a global context marked by the climate emergency and the reconfiguration of global energy balances, Morocco is choosing a responsible and ambitious energy mix. In this exclusive interview, the Chairman and CEO of MASEN shares his vision for a low-carbon future, by reviewing the levers mobilized to support the green transition, with an emphasis on renewable energies (EnR) and the strategic place of green hydrogen, an area in which Morocco plays a leading role internationally.

The announcement was made on 10 June in Nice during the Mediterranean Day of the Third United Nations Ocean Conference (UNOC3), during an event organized by the Union for the Mediterranean (UfM), during an event organized by the Union for the Mediterranean (UfM). Scheduled to begin construction by 2029, it will be the first offshore wind farm in Morocco, which plans to secure more than 52% of its electricity mix from renewable sources by 2030

The session entitled “Charting the path to a sustainable blue economy: the Mediterranean leads the way” was dedicated to financing and innovation as catalysts for the sustainable blue economy. The discussions, involving government representatives, development agencies, researchers, businesses and civil society actors, focused on financing mechanisms aligned with the priorities of the 2021 Ministerial Declaration on the Sustainable Blue Economy.

One of the highlights of this meeting was the official signing by Spain of an 8.5 million euros commitment in favor of the Blue Mediterranean Partnership. Thanks to this contribution, the available funds now reach 22 million euros, alongside contributions from Sweden, Germany, France and the European Union. These funds will support technical assistance and feasibility studies for projects that would otherwise struggle to obtain large-scale financing from multilateral development banks and