Morocco’s $800M Wind Power Project

November 03, 2024 • Estimated Reading Time: 2 minutes

Key Figures & Findings: Acwa Power, a company that specializes in sustainable energy solutions, and is well-regarded for its renewable projects, has partnered with Gotion Power Morocco part of China’s Gotion High-Tech, specializing in EV battery and energy storage production, to establish a $800 million wind power plant in Kenitra, Morocco. This wind project is designed to support Gotion’s upcoming electric vehicle (EV) battery gigafactory, marking an essential step in Morocco’s push to become a regional EV battery production hub, and an essential phase in Morocco’s clean energy drive.

Statistics & Insights: The wind farm will provide 500 MW capacity and includes a 2,000 MWh storage system, integral to Gotion’s gigafactory operations set for a 2026 launch.

Future Implications: If completed by 2026, this project could position Morocco as a significant EV battery exporter, furthering its economic growth objectives. The plant is also expected to contribute substantially to Morocco’s ambition to secure high-value investments by 2026.