African Development Bank and Renewable Energy

Africa has huge renewable energy potential with some of the world’s largest concentration of alternative energy resources in the form of solar, wind, hydro, and energy. Overall, 17 countries in sub-Saharan Africa are in the top-33 countries worldwide with combined reserves of solar, wind, hydro, and geothermal energy far exceeding annual consumption. Most of the sub-Saharan countries receive solar radiation in the range of 6-8 kWh/m2/day, which counts among the highest amounts of solar radiation in the world. Until now, only a small fraction of Africa’s vast renewable energy potential has been tapped.  The renewable energy resources have the potential … Continue reading

Renewable Energy in Morocco

Morocco, being one of largest energy importer in MENA, is making concerted efforts to reduce its reliance on imported fossil fuels. Renewable energy is an attractive proposition as Morocco has almost complete dependence on imported energy carriers. In 2012, Morocco spent around US$10 billion on all energy imports (crude oil and oil products, coal, natural gas and electricity). Annual electricity consumption in Morocco was 33.5 TWh in 2014, and is steadily increasing at a rate of around 7 percent each year.  The major sources of alternative energy in Morocco are solar and wind. Wind energy potential is excellent in vast parts in the northern … Continue reading