Italian Renewables Company EGP to Support Energy Transition in Morocco

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Rabat – The president of the Policy Center for the New South (PCNS) Karim El Aynaoui signed on Tuesday, January 14, in Rabat a draft agreement to promote energy transition in Morocco with the country manager of Enel Green Power (EGP) Werther Esposito. 

The two parties are committed to collaborating in the field of renewable energy development, through developing joint analytical research, conferences, seminars, round-table meetings, and expertise exchange.

In a joint statement, El Aynaoui and Esposito said that the agreement marks the start of a fruitful partnership through which they intend to use their respective expertise to promote the development of renewable energy and energy transition in Morocco, and across the African continent.

The Policy Center for the New South is a Moroccan think tank based in Rabat aiming to contribute to an enriched reflection on key economic and international relations issues. 

Read also: Morocco to Increase Renewable Energy with New Wind Farm

The OCP Policy Center aims to provide a meaningful policy-making contribution through its four research programs: Agriculture, Environment and Food Security, Economic and Social Development, Commodity Economics and Finance, Geopolitics and International Relation,” reads a description from the think tank website.

The EGP is an Italian multinational renewable energy corporation dedicated to the development and management of energy production from various renewable sources including solar, wind, geothermal, and hydropower. 

Morocco has made notable development in the field of scientific research related to the energy sector, particularly renewable energy.

Among the leaps in progress, was the reduction of Morocco’s reliance on foreign countries for electricity from 98% to 92% thanks to the national energy strategy adopted in 2009.

Morocco has an ambitious goal of reaching 42% of electricity production by the end of 2020 and 52% by 2030.

Source: moroccoworldnews.com