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Morocco heats up with 16 new solar energy plants worth 25 gigawatts

You might meet snake charmers in the square of Marrakech and also storytellers who tell a good tale. But there is one thing always true about Morocco: the sun always shines.

Foreign firms are eager to bank on Morocco’s attractive feed-in tariffs and catch some healthy profits from our sun.

Solar energy companies like Martifer Solar (www.martifersolar.com) from Portugal already has business in the United Arab Emirates. It’s common for European companies to go to European banks for financing then establish themselves in the Middle East and MENA region. This seems to be the only way forward to advance solar energy in the Middle East, always rife with conflict and instability.

Despite the Desertec collapse (too many industrial cooks spoiled the broth), Europeans are still seeing green opportunities in the MENA region.

Read the full story from Green Prophet