Alpha Beta Boosting Renewable Energy Investment

The World Bank played an important role in supporting clean energy projects in developing countries, including the Kingdom of Morocco, which managed to increase its production of solar and wind energy in a short time. I spoke with a representative of the World Bank about the fluidity of support programs in Morocco, compared to other countries, which allowed them to implement four renewable energy projects. in a short time.

And the completion of legislation, regulatory measures and transparency to support competitiveness in the energy sector in general and renewable energy in particular, one of the main reasons for success of the clean energy production support program. And creating a market that has helped them implement renewable energy projects as part of a low-cost subsidy program. The efforts of the Bank and other organizations not only supported clean energy programs, but also helped to create investment opportunities and motivate energy companies to grow and develop, to increase their efficiency and competitiveness and to reduce their prices. Saudi Arabia, which has been able to implement renewable energy projects in more than 11 countries, including the Kingdom of Morocco, which recently launched a 120 MW solar wind project. The partnership with the Moroccan government on the one hand, the World Bank, the European Bank for Reconstruction and Development and international financing on the other hand, helped them to implement various projects with efficiency and effectiveness. high economic and investment returns. The experience of Aqua Power in Morocco is an extension of other experiences in South Africa, Dubai, Turkey and Oman, distinct experiences that allowed it to improve its competitiveness and its quality of projects realization. Li major global enterprises. Renewable energy projects are in constant need to improve the investment environment, complete legislation, promote competitiveness and transparency, as well as the commitment of governments to their planned projects.

It is good to focus the Kingdom's vision on renewable energies.

It is certain that the Kingdom has delayed the launch of renewable energy projects, which should be accelerated, and the commitment of the Kingdom of Saudi Arabia and the Gulf Cooperation Council ( CCG)

Despite the exceptional efforts of the government to restructure the energy market and build it on a competitive basis in accordance with fair and disciplined legislation, the multiplicity of actors in the decision and the intersection of their interests, the overlapping of powers; Electricity or allowing them to influence the decision and programs of the National Renewable Energy Strategy, having a negative impact on their programs, fair competition and expected results.

All I fear, slow progress in renewable energy projects; A year ago Don (D, s, id), and b) the failure of the electricity sector programs, the cancellation of some projects, the reduction of stated goals and the return to the starting square of the new.

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