Casablanca – AMEA Power, a leading renewable energy company based in the United Arab Emirates, is set to significantly expand its presence in Morocco with a series of strategic investments in seawater desalination and green hydrogen production. The company, a subsidiary of Al Nowais Investments, has unveiled plans to inject over $100 million into the Moroccan market, marking its first major ventures in these vital sectors.
What is AMEA Power?
AMEA Power is a prominent player in the renewable energy sector, specializing in the development and management of sustainable energy solutions, including solar, wind, and hydropower. The company operates across multiple continents, with a strong presence in both Africa and Asia. AMEA Power is committed to advancing clean energy and tackling environmental challenges such as water scarcity and carbon emissions. With its diverse portfolio and ambitious expansion plans, AMEA Power aims to contribute to global energy transition goals while helping countries like Morocco meet their growing energy demands.
Significant investment in seawater desalination
As part of its growing interest in Morocco, AMEA Power has partnered with the Spanish company “Cox,” a specialist in energy and water solutions, to develop a seawater desalination project. The company has committed to investing at least $100 million in this initiative, which aligns with Morocco’s strategic objectives to combat water scarcity and improve access to clean water in arid regions. This collaboration follows AMEA Power’s recent acquisition of a stake in “Cox,” a move that enhances its ability to deliver cutting-edge desalination technologies in Morocco and beyond.
Seawater desalination is becoming increasingly critical for Morocco, which is facing heightened water stress due to climate change and population growth. AMEA Power’s investment aims to alleviate some of these pressures by providing a sustainable and scalable solution for freshwater production.
Green hydrogen production plans
In addition to seawater desalination, AMEA Power is planning to invest in green hydrogen production, a clean energy source with great potential to transform Morocco’s energy landscape. The company has outlined plans for a project in the southern part of Morocco, with an estimated production capacity of up to 1 gigawatt (GW). This green hydrogen project will not only support Morocco’s energy needs but also position the country as a regional leader in the green hydrogen economy.
Green hydrogen, produced using renewable energy sources such as wind and solar, is seen as a key element of Morocco’s long-term energy strategy. It aligns with the nation’s efforts to diversify its energy mix and reduce dependence on fossil fuels, while also contributing to global decarbonization goals.
Establishing a strong local presence
To facilitate these ambitious projects, AMEA Power opened a local office in Rabat in 2023. The office is staffed with a dedicated team of Moroccan professionals who are actively engaging with local stakeholders and private sector companies interested in clean energy solutions. The company’s growing footprint in Morocco underscores its commitment to the country and its focus on fostering partnerships that will help drive sustainable development.
Hussain Al Nowais, Chairman of AMEA Power, expressed his excitement about the company’s expansion into Morocco. “We are excited about the opportunities in Morocco, a country that has demonstrated strong leadership in renewable energy,” he said. “Our investments in seawater desalination and green hydrogen are just the beginning. We have identified key investment sites in cities such as El Hajeb and Taroudant, and we are eager to collaborate with the Moroccan government and local businesses to make these projects a success.”
Morocco’s growing renewable energy landscape
Morocco has long been a regional leader in renewable energy development. With its ambitious goal to generate 52% of its electricity from renewable sources by 2030, the country offers a favorable environment for clean energy investments. The Moroccan government has been actively encouraging private sector participation in renewable energy, seawater desalination, and green hydrogen projects through supportive policies and incentives.
AMEA Power’s entrance into the Moroccan market comes at a time when the country is increasingly focused on sustainable energy solutions. The government’s proactive stance on renewable energy, along with its emphasis on addressing water scarcity, provides a perfect backdrop for AMEA Power’s strategic investments.
A bright future for clean energy in Morocco
With its extensive experience and global reach, AMEA Power is well-positioned to play a key role in Morocco’s clean energy transformation. As the company continues to expand its projects across the kingdom, it is expected to make significant contributions to the country’s energy goals while helping to create jobs, foster local economic development, and ensure sustainable access to water and clean energy.
As AMEA Power moves forward with its seawater desalination and green hydrogen projects, Morocco stands to benefit from its advanced technologies and expertise, further solidifying its status as a leader in renewable energy in the region.