How a packaging producer saves on energy costsA Moroccan plastic bag producer is seeking to cut its annual electricity bill by 12% by installing a solar rooftop system. The rooftop installation, which will be placed on the roof of Multisac’s factory, is expected to produce an estimated 689MWh of power per annum. Energy efficiency, cost reductionMedia reported that the project was supported by the Morocco Sustainable Energy Financing Facility (MorSEFF) – a €110 million ($137 million) credit line, developed by the European Bank for Reconstruction and Development (EBRD). Morocco will also increase its renewable energy target from 42% by 2020 to 52% by 2030. This ambitious target was set prior to the COP21 climate summit in Paris in 2015.

Source: The North Africa Journal January 26, 2018 07:18 UTC