Washington- Morocco is positioned as a "regional leader" in the field of renewable energy, as evidenced by the plan set up by the "commitment" of His Majesty King Mohammed VI which makes the Kingdom "extremely" appealing to US investors," said Leocadia I. Zak, director of the U.S. Trade and Development Agency (USTDA) in an interview Monday with MAP.
Washington- Morocco is positioned as a “regional leader” in the field of renewable energy, as evidenced by the plan set up by the “commitment” of His Majesty King Mohammed VI which makes the Kingdom “extremely” appealing to US investors,” said Leocadia I. Zak, director of the U.S. Trade and Development Agency (USTDA) in an interview Monday with MAP.
“Morocco is extremely appealing to U.S. investors in the field of renewable energies; [these investors] are encouraged by the specific plan put in place and the interest and commitment of the Sovereign,” Zak noted on the sidelines of the visit of a Moroccan delegation representing the sector of solar energy to California.
The members of the delegation on a visit, part of a trade mission organized by USTDA, represent mainly the Moroccan Agency for Solar Energy (MASEN), the National Agency for the Development of Renewable Energies and Energy Efficiency (ADEREE), the National Society of Transport and Logistics (SNTL), the National Office of Electricity and Drinking Water (ONEE), and the Energy Investment Corporation (SIE).
USTDA Director highlighted the willingness of the U.S. agency to “take part” in Morocco’s efforts to achieve the production of 20 Gigawatt of solar energy by 2020, noting that the quality of welcome of the Moroccan delegation in California, as part of Reverside trade mission, denotes “a real desire on the part of the American business community to establish partnerships with Morocco in this field.”