12 March 2013

Morocco to Invest in Homemade RE Power

Many countries suffer from the inconvenience of not having any non-renewable energy sources contained in the dirt within their sovereign territory (unlike the US which has significant amount of coal, natural gas, oil, not mentioning our renewable energy source potential) which the US is so blessed to have.

Morocco will be investing heavily in solar and wind over the next 5-10 years to try and offset the vast amount of money that is invested in importing fossil fuels. The article "Morocco Seeks Energy Salvation in Sunshine, Wind", written by Aziz El Yaakoubi on March 6th, 2013. Morocco who imports 95% if their energy needs is looking to cut its record setting trade deficit of $23.6 billion last year.
They also hope to generate 40% of its electricity needs by renewable by 2020. 

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