Renewable Energies Attract Foreign Investors to Sahara - News Summed Up

Renewable Energies Attract Foreign Investors to Sahara


The abundance of sun and wind is increasingly attracting foreign firms to invest in Morocco’s south, the Sahara, as the government set the target of generating 50% of its energy mix out of renewable sources. Soluna’s move to build a wind farm in Dakhla is also pioneering in as far as it will be an off-grid electricity generator to power cryptocurrency mining. The company is developing its 900-megawatt, 37,000-acre wind farm in a class I site where winds exceed 22 miles per hour. This plant will add to another 201 MW wind farm launched by Moroccan company Nareva in Boujdour for a total cost of €400 million. Morocco has also launched a new development model for the southern provinces that aims at strengthening infrastructure to prepare conditions for investments.


Source: The North Africa Journal August 02, 2018 09:56 UTC



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