THE WIND AND THE SUN: THE CENTER OF THE ENERGY TRANSITION
Since 2009, Morocco has had an ambitious energy policy that prioritizes the use of renewable energy sources. Renewable energy sources must account for 52% of total capacity by 2030.
This is a watershed moment for the kingdom, which is well on its way to become one of the leading rising countries in the world in the field of wind and solar energy development. When it comes to private investment in wind power in Africa, Nareva is head and shoulders above the competition with approximately 2,000 MW worth of renewable assets in operation, building, and development.
On the global stage, Nareva is a member of the consortium that was provisionally named in 2019 the successful tenderer for the construction of the Gafsa photovoltaic power plant.
The development roadmap for the renewable energy industry includes this large-scale project, which is one of the first solar "Independent Power Producer" projects developed by Tunisia. Also, this is Nareva's first really pan-African endeavor.