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Submitted by Judith Pryor on
It’s great that Morocco is embracing cutting-edge technology to provide light to the people of that nation. Solar power is an excellent resource for providing energy in an environmentally conscious way while making clean energy accessible to more people. For example, the Overseas Private Investment Corporation (OPIC) loaned $250 million for a 60MW Solar Power Project in South Africa that will help diversify the country’s electricity generation beyond its heavy coal concentration. The OPIC financing will enable two U.S. companies to construct and operate a solar photovoltaic plant in Boshoff in South Africa’s Free State province. All electricity generated by the plant will be sold to the national grid through a power-purchase agreement. Morocco and South Africa are really great examples of how countries can spur development through the adoption of clean energy technology. Feel free to read more about OPIC’s work with clean technology here: