The Office National de l'Électricité et de l'Eau potable (ONEE) has initiated a battery energy storage project with a total capacity of 1600 megawatt-hours (MWh) to strengthen the stability of Morocco's national electricity grid.
Morocco is preparing to launch a massive foray into clean energy with its ambitious 1.6 GW BESS projects. The National Office for Electricity and Drinking Water (ONEE) is expected to invite tenders for battery energy storage systems (BESS) totaling nearly 1,600MW.
How much will EV batteries cost in Morocco?
In June this year, the Moroccan government announced that Gotion High-Tech would invest $1.3 billion (US) to build a gigafactory for EV batteries. The initial planned production capacity is 20 GWh, with future plans to gradually increase it to 100 GWh, and the total investment is expected to reach $6.5 billion.
Which Chinese lithium battery companies are based in Morocco?
Since 2023, several Chinese lithium battery industry chain companies, including CATL, Gotion High-Tech, Sunwoda, BTR, Huayou Cobalt, CNGR Advanced Material and Tinci Materials, have collectively invested in Morocco and built factories. The battery industry chain centered around LFP is forming rapidly.
What are Morocco's Bess projects?
Morocco's 1.6 GW BESS projects represent a key step in its clean energy ambitions. The facilities will electrify key urban areas and firm up the grid. Although the initial focus is in the northwest, the government aims nationwide. Furthermore, the projects align with Morocco's ambitions to generate 52% of its electricity from renewables by 2030.
What is the future of EV exports in Morocco?
By 2030, EV exports are expected to account for 60% of Morocco's total car exports, and the export value of investors in Morocco's power battery value chain is projected to reach 40 billion euros (approximately $44 billion US).
Is Morocco a good country for battery production?
In addition to abundant phosphate reserves, Morocco also possesses metal resources like cobalt and lithium needed for battery production and has cost advantages. Industry estimates suggest that producing lithium batteries in Morocco offers a 36% cost advantage compared to other countries.