(MENAFN- AzerNews) There is a large number of concrete agreements with other
African nations on the energy transition, Mohamed Ouhmed, Director
of Renewable Energy and Energy Efficiency at the Ministry of Energy
Transition and Sustainable Development of Morocco, said, addressing
the 9th Berlin Energy Transition Dialogue.
"The co-operation of Morocco in Africa is a strategic interest.
Africa also has great interest in the experience we are making in
Morocco, and we have a great presence in other - the African
countries, and there are many programs that have helped directly
and indirectly to move forward a number of initiatives. They help
other African countries promote renewable energy," he said.
According to Ouhmed, the projects that Morocco has implemented
in the area of wind and solar power have led to the increase in
trust of investors.
"Today, there are 40 international companies and from more than
13 countries, of course, also from Germany. Companies that are
doing business in Morocco and promoting future opportunities in
Morocco. Morocco has a clear figures as the first point for all
investors, long-term vision which has then been translated into
concrete action and projects that are very - regarding the
timeline. We are already working on the third rounds of reforms. In
the last few weeks, two acts have, to bills have been enacted for
investment in renewable energy. And an act providing the framework
for investment in renewable energy, and also incentivized,
incentivizing young companies, as we want to mobilize capital from
the private sector. And the act provides for simplification to make
it easier for the area of start-up of renewables. This also means
that other states can fulfil their commitments on reducing
emissions, there will also be more transparency," he explained,
The director also pointed out the need for the energy grid to be
available to more people.
"Both acts that I just mentioned also will lead to a situation
that a certificate of origin will have to be provided by all
stakeholders, so that we can produce sufficient green energy," he
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