Energy is quickly emerging as one of Morocco’s most vibrant sectors, with several international company active in Morocco in the areas of sustainable and renewable energy.
Rabat – Private Swedish company Azelio will team up with Morocco’s Agency for Sustainable Energy (MASEN) to build a “full-scale verification project” in Morocco this year.
The company, which specializes in Stirling-based energy solutions, also opened an office in Morocco to work “closely with MASEN and Moroccan suppliers,” reported Renewables Now.
The reporte added that Azelio’s first market installation is also planned in Morocco for the 2020 year.
The company is now looking forward to expanding its presence internationally.
In addition to a headquarter in Sweden, the company also has an office in China.
“The company is currently in an extensive expansion phase, finding new partners and establishing presence all over the world,” said Azelio.
Morocco has recently attracted several international industrial companies.
The country is keen on becoming a commercial and industrial hub for the African continent, and renewable energy sources have become one of the most crucial sectors for Morocco’s aspirations.
Morocco’s Minister of Energy and Mining Aziz Rabbah said last month that Morocco produced 35 percent of its electricity output from renewable energy sources by the end of 2018.
Earlier this month, Bloomberg ranked Morocco among the 22 countries that invested more than $2 billion in clean energy.