The global biomedical refrigerators and freezers market is slated to magnify at a strong CAGR of 4.2% over the period amid 2016 and 2024. The market, which was worth $2.91 billion in 2015, is predicted to upswing to $4.28 billion by 2024…
BMI View: Morocco will be an outperformer in an otherwise unimpressive MENA regional renewables
market over the coming decade. Our bullish forecasts are underpinned by a number of country- and
industry-specific factors, including ambitious government targets for renewables, favourable climatic
conditions, sustained investor interest and improving cost-competitiveness of renewable energy. That said,
we highlight risks associated with still underdeveloped policy environment as well as high levels of
Latest Updates & Structural Trends
? Between 2016 and 2025, Morocco's total non-hydro renewables capacity is forecast to increase by more
than 161% from 829MW to 2789MW. In terms of generation, growth will average 11.3% during the
same period, rising from 2.6TWh to 6.1TWh. This will keep Morocco the most attractive renewables
market in MENA region.
? A number of positive country- and industry-specific fundamentals will drive strong growth in the wind
power sector, which is forecast to account for more than 70% of the non-hydro renewables power
generation across our forecast period.