France interested in Morocco's renewable energy sector

France's ambassador announced the country is interested in investing in Morocco's renewable energy sector, including an upcoming second round of tenders for a solar station. The statement was made during the third edition of the Attijariwafa Bank Economic Conference, according to All Africa. 

Currently, France is Morocco's leading overall economic partner with trade between the two countries totaling about $10.26 billion, the article stated

French president Francois Hollande has planned a visit to Morocco in early April during which he plans to address business between France and Morocco.

"If our companies are already well represented in the wind power space, we want to get more involved in the Moroccan solar projects," said French Ambassador Charles Fries.

The ambassador hopes his country can win a spot in the second round of bidding for the ​Ouarzazate solar station, All Africa said.

If France can secure a deal on the solar energy project with Morocco, it hopes to increase its involvement in strategic sectors like wind and other renewable energies in Morocco.

French energy company GDF Suez announced in February it would build and manage the biggest wind power station in Africa. Located in Tarfaya, Morocco, the plant is expected to begin energy production by the end of 2014.


Visit PennEnergy's research area to learn more about the solar market forecast in Africa and Europe.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs