ID :
21725
Sun, 09/28/2008 - 12:16
Auther :
Shortlink :
http://m.oananews.org//node/21725
The shortlink copeid
MOROCCO TO INVEST 2 BILLION EUROS IN RENEWABLE ENERGIES: OFFICIAL
Rabat, Sept 27, 2008 (ANTARA/AFP) - Morocco will invest 25 billion dirhams (2.2 billion euros or 3.2 billion dollars) in renewable energies over the next five years, the Moroccan National Electricty Office (ONE) said Saturday.
"Thanks to this ambitious programme, ONE clearly shows its intention to be one of the global players operating in the development of renewable energy," ONE said in a statement.
Morocco plans to increase its production of renewable energy sources destined for European export, such as solar, wind or wave, to 10 percent from four percent today.
"ONE wants to contribute towards the goal of reducing emissions by working together with regional partners to develop renewable energy projects dedicated to export to Europe," the statement said.
"Thanks to this ambitious programme, ONE clearly shows its intention to be one of the global players operating in the development of renewable energy," ONE said in a statement.
Morocco plans to increase its production of renewable energy sources destined for European export, such as solar, wind or wave, to 10 percent from four percent today.
"ONE wants to contribute towards the goal of reducing emissions by working together with regional partners to develop renewable energy projects dedicated to export to Europe," the statement said.