Genesis Morocco: CSP Industry Insight

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Genesis Morocco

Project Genesis is a strategic sustainable development framework for Morocco to translate from being a net importer of energy and a country facing water shortage issues, into the number one producer both of clean renewable energy and water in the region.

Saturday, January 7, 2012    <<Home

CSP Industry Insight

Theses graphs are interesting, they show Morocco taking about 2% of the global projected capacity for 2010. However what is really impressive to ponder is that the global CSP projected capacity worldwide for 2010 stood at 1292MW and that Morocco is aiming at implementing 2500MW of capacity by 2020. That mean more than double the 2010 worldwide global capacity in less than 10 years.

The only pondering elements is that it is not a 100% sure that all the capacity to be developed in Morocco will be CSP based, photovoltaics may take a share of that.

What is for certain is that CSP is cheaper on the whole and that the Moroccan state is parsimonious with the hard earned foreign currency it invests. So yes, CSP, precisely parabolic through should take the lion's share.

Genesis Morocco :