TAQA Morocco Partners with Public, Private Sector to Power Morocco’s Green Future

TAQA Morocco, the Kingdom’s independent power producer and a subsidiary of Abu Dhabi National Energy Company PJSC (TAQA), has signed a set of transformative agreements with the Moroccan government and key local stakeholders to accelerate the development of large-scale, low-carbon power and water infrastructure projects.

The move is set to mobilise investments worth AED 52 billion (approximately 130 billion Moroccan Dirhams or USD 14 billion) to support Morocco’s energy transition and water security goals.

The agreements were formalised through three Memoranda of Understanding (MoUs) signed between TAQA Morocco, the Office National de l’Electricité et de l’Eau Potable (ONEE), Nareva (a wholly owned subsidiary of Al Mada Group), and the Mohammed VI Investment Fund, Morocco’s sovereign wealth fund. The collaborations aim to develop seawater desalination projects with a daily capacity of 2.5 million cubic metres, powered by sustainable energy sources. The project scope also includes the rollout of extensive water transmission infrastructure capable of transporting 2.2 million cubic metres of water per day.

As part of the energy expansion plan, TAQA Morocco and its partners will also acquire the existing 400 MW combined cycle gas turbine (CCGT) power plant in Tahaddart, located in northern Morocco. The partnership envisions developing an additional 1,100 MW of gas-fired generation capacity. Additionally, a new 3,000 MW high-voltage direct current (HVDC) transmission corridor connecting southern Morocco to the country’s central region is in the works, alongside the development of 1,200 MW of renewable energy projects.

Farid Al Awlaqi, Chairman of TAQA Morocco’s Supervisory Board and Chief Executive Officer for Generation at TAQA Group, emphasized the significance of the agreement, noting that it reflects both Morocco’s and TAQA’s shared vision for a sustainable energy future. “TAQA Morocco is an established and trusted partner in the Kingdom. This collaboration supports TAQA’s 2030 growth strategy and reinforces our commitment to low-carbon power and water solutions,” he said. He added that the partnership will bring over 542 million imperial gallons per day of desalination capacity online and significantly enhance Morocco’s power and water transmission infrastructure.

The announcement builds on the foundation laid in December 2023, when His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, and  King Mohammed VI of Morocco signed a declaration to establish a robust and innovative partnership. The bilateral agreement highlighted the importance of strategic cooperation in energy, water, and other critical sectors to ensure sustainable development and economic growth for both nations.

TAQA Morocco, listed on the Casablanca Stock Exchange, currently generates nearly 34 percent of Morocco’s electricity needs through its flagship 2,056 MW Jorf Lasfar power complex. With this new collaboration, the company is poised to play a central role in shaping the Kingdom’s clean energy and water future.