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| Sat, 23rd May 2020 12:46:00 |
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Morocco’s Renewable Energy Sector Maintains Momentum Amid Crisis |
Rabat – The renewable energy sector, just like many other industries, has suffered under the COVID-19 global pandemic. Unlike some other industries, it did not lose its momentum.
The Moroccan government's introduction of a state of emergency on March 20 made traveling and importing difficult. Subsequently, the installers of solar equipment, such as pumps, heaters, and roof panels, saw their activities drop dramatically. Technological fairs, crucial for networking between renewable startups and investors, were canceled as well.
Innovation and agility are key in a new reality
Although physical activities came to a halt, the sector's employees were quick to use the lockdown period for the industry's benefit. The motivation of the cleantech workers is as high as ever, according to Fatima Zahra El Khalifa, CEO of "Cluster Solaire" (Solar Cluster).
The Moroccan nonprofit association aims to strengthen clean energy and green technology by offering support for startups and project leaders. During the lockdown, Solar Cluster has been providing distance training to help entrepreneurs develop their skills. The nonprofit emphasizes that innovation and agility are crucial for success.
Solar Cluster, in an unusual move for a non-profit organization, donated MAD 200,000 ($20,000) to the Special Fund for the Management and Response to COVID-19, designed to mitigate the economic and social impact of the global pandemic on Morocco. The employees of the fund also donated one month's salary.
The CEO praised the support the Moroccan government offers to struggling enterprises and highlighted the opportunity for a mentality change that arose with the global pandemic, both for the general public and innovators. Some startups spent their time under lockdown improving prototypes to advance their position on the market. Others developed new solutions.
"[The pandemic] showed the importance of energy independence for our country as well as the relevance of persevering on the path of promoting green energies, with all its proven advantages," El Khalifa told Finance News Hebdo (FNH).
The nonprofit launched a survey for 700 renewable energy enterprises to assess how COVID-19 impacted the companies' operations in terms of new commissions, business turnover, job losses, and the vision for the industry's recovery.
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