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Morocco Is Emerging as a Renewable Energy Superpower

Morocco Is Emerging as a Renewable Energy Superpower | EN590 Commodities Group
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Morocco Is Emerging as a Renewable Energy Superpower

May 30, 2026
Source: oilprice.com
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Kansas Fed Pres Warns Oil Price Shock Might Not Be Transitory Trump’s Beijing summit produced business… Felicity Bradstock is a writer and journalist based in Mexico City.

She writes for energy websites and covers several other industries, as well as writing… Morocco is rapidly becoming a renewable energy powerhouse thanks to its favourable weather conditions and proximity to Europe.

The North African country has rapidly developed its solar energy sector and is now looking to become a major green hydrogen and sustainable shipping hub.

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Morocco has long been heavily dependent on fossil fuel imports and continues touse coal to produce around 60 percent of its electricity.

However, in recent years, it has been working to develop its renewable energy sources, with high levels of private investment in the sector supporting these efforts.

The growth in the country’s green energy capacity is expected to help it tackle energy price volatility.

The Moroccan government aims to achieve a52 percent renewable energy share in the electricity mix by 2030and 70 percent by 2050.

By the end of 2025, Morocco had an estimated5.5 GW of operational renewable energy capacity, accounting for 45.4 percent of Morocco’s total installed capacity.

This includes 2.1 GW of hydropower, 2.4 GW of wind power, and 961 MW of solar installations.

In previous decades, Morocco has focused on expanding its wind power; however, with significant interest in the country’s solar sector, its solar power capacity is expected to rapidly increase in the coming years.

Morocco is highly suited to solar power installations, with one of the highest solar insolation rates in the world, at over 3,000 hours of sunshine per year.

The North African country’s solar technology imports have risen by around 46 percent in the first quarter of 2026, demonstrating the growing interest in developing the sector.

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Indicative Market Prices May 30, 2026 23:29 UTC
ProductPriceChange
Brent Crude$102.14/bbl +0.34%
WTI Crude$96.90/bbl +0.21%
EN590 Diesel$846/MT +0.18%
Jet Fuel A-1$1090/MT +0.55%
Mazut M100$450/MT -0.15%
Bitumen 60/70$470/MT +0.08%
Sulphur Gran 99.5%$470/MT -0.44%
Urea 46% Gran$650/MT +1.12%
NPK 16-16-16$460/MT -0.28%
Nat Gas TTF$15.42/MMBtu +0.92%
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