Morocco has announced plans to invest $10 billion to expand its power capacity to 16 gigawatts in the near future.
Morocco’s Minister of Energy Transition and Sustainable Development, Leila Benali, said this in a statement while speaking at the 9th OPEC International Seminar held in June 2025.
Benali said her country is implementing an urgent structural reforms to scale up Morocco’s energy sector, positioning it as a regional leader in clean energy.
According to her, the plan focuses on tripling renewable energy capacity, quintupling power grid infrastructure, and integrating advanced technologies like artificial intelligence to enhance energy efficiency.
“We need $10 billion in new investment and 16 GW of additional power capacity, along with tens of thousands of new jobs,” she said.
Strategic reforms to attract private capital
In addition, Benali mentioned the need for decentralized decision-making and public enterprise reforms to draw private sector investment.
By streamlining governance across Morocco’s 12 regions, the government aims to ensure equitable benefits from the energy transition.
“We need pragmatic and inclusive approaches to energy investment,” she stated, outlining the importance of creating tens of thousands of jobs through this initiative.
In addition, these reforms are critical to making projects bankable and attracting the necessary capital to meet the $10 billion target.
Morocco as a clean energy corridor
Morocco’s geographic advantage, bridging West Africa and Europe, positions it as a potential clean energy corridor.
Leila Benali noted that mobilizing $25 billion in regional capital expenditure (CAPEX) could enhance energy connectivity across West Africa, where 400 million people lack electricity access.
She advocated for flexible energy mix strategies, urging stakeholders to prioritize financing and job creation over geopolitical constraints.
“If projects are financed by the private sector, they’re viable,” she said, calling for a focus on energy access and economic growth.”
Separately, Morocco, under its strategic push for clean energy, unveiled plans to generate 20 gigawatts of renewable energy capacity while advancing its natural gas infrastructure.
The country also signed a $14 billion energy agreement aimed at boosting energy independence.
