the solar cluster thinks big

Finance News Hebdo: What’s the Solar Cluster Balance Sheet for 2021?

Fatima Zahra El Khalifa: In terms of solar cluster operations, I’d say 2021 is just like any other year. Emphasis was placed on capacity building, training workshops on renewable energy sources, legal assistance with PPAs (Electricity Purchase Agreements). We also launched the green industry magazine per solar cluster. The guide to decarbonisation and green financing mechanisms was published in collaboration with the Moroccan Agency for Energy Efficiency (AMEE). This tool identifies and explains in detail all funding mechanisms that exist at the national level. Over the past year, the solar caravan as well as various events have been organized to bring the members of the cluster into contact with other players in the sector. As part of the label, launched in partnership with AMEE and AMISOLE, new promotions from solar photovoltaic installers in 2021 were labeled “Taqapro”.

FNH: What are your priorities for 2022?

FZEK: For 2022, one of the main priorities of the solar cluster, it is worth mentioning the expansion of the scope of the intervention. Our entity, which is today a leading player in the solar energy sector, aims to take advantage of the current favorable context to be open to other renewable energy sources (wind, hydropower, biomass, hydrogen, geothermal), energy efficiency in industry and green technologies (sustainable mobility). The aim is of course to contribute to the acceleration of the energy transition in Morocco. It is important to specify that the solar cluster has expanded to renewable energies, energy efficiency and green technologies to meet the demands of its members, but also in line with the development of the market and the maturity of the green sectors. † It should be remembered that energy performance is now an integrated process across the value chain. Thus, it contributes to improving energy consumption, competitiveness and energy bills of companies, as well as reducing carbon emissions in a sustainable perspective to improve economic and environmental impacts. We are also in the process of renaming the cluster to accommodate communication plans and activities. The next step is the launch of new services, related to the above-mentioned extension of the action and intervention area.

FNH: How do you view the development of green technologies in the past two years, marked by the pandemic?

FZEK: In general, the Covid-19 crisis was an opportunity for the emergence of new technologies. The pandemic, with its share of restrictions that have encouraged, for example, greater use of e-commerce and the adoption of remote work, has contributed to the reduction in CO2 emissions. As for green technologies, in my opinion, the efforts for adoption and development in Morocco should be multiplied.

FNH: You recently organized a large-scale event on the development of Greentech sectors and companies in Morocco. What are the consequences of this event?

FZEK: One of the main positives of the event you mention relates to its connecting nature. The major players in the Greentech and renewable energy ecosystem in Morocco participated in the event in hybrid format. The event attracted the interest of more than 1,000 participants with different profiles and from different sectors (entrepreneurs, financial and greentech professionals, etc.). This large influx somehow confirms the existence of a certain will for the rapid deployment of green technologies in our country. And this in view of the multiple climate targets revised upwards and the CO2 tax that the EU has planned from 2023. It is encouraging to see that the environment is favorable for the development of green technologies in Morocco. We see a stronger faith in clean technologies. Moroccans are increasingly aware of the benefits of using Greentech for both business and the environment. Ultimately, it’s about attracting more investors as the return on investment in green technologies can be longer compared to many mature technologies.

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