Greensolver and Finatech Group agree partnership to develop renewable energy in Morocco

Alternative energy development companies Greensolver and Finatech Group are both set to play a major role in the growth of Morocco's budding renewables sector, after both companies agreed to cooperate on a wide range of solar- and wind-related services within the country.

Morocco has made it a priority to ramp up its renewable energy industry and the country recently set a goal of generating 42% of its electricity from renewable energy sources by the year 2020. To help Morocco achieve this objective, both Greensolver and Finatech Group are set to provide investors, manufacturers and other corporations in an effort to help galvanize the development, construction and maintenance of a multitude of alternative energy operations within the country.

Greensolver, a third-party provider of services to the renewables sector, is keen to expand its reach to new markets.

"We are delighted to sign this partnership agreement with Finatech Group. This renowned player in the Moroccan energy industry seemed the obvious choice in our ambition to broaden our field of action," claimed Guy Auger, CEO of Greensolver. "Our expertise in the sector and in depth technical knowledge will enable us through this partnership to give Moroccan companies and industry a complete range of leading-edge solutions for managing their current assets and their future investments."

Finatech Group, one of Morocco's largest companies in regards to energy, telecommunications and transportation, is set to utilise its familiarity of the Moroccan infrastructure during its partnership with Greensolver.

Abdou Bensouda, CEO of Finatech Group, said: "By constantly keeping tabs on the changes shaping the different sectors and by maintaining the focus on the needs of our customers and partners in both Morocco and Africa, joining forces with Greensolver will enable us to broaden our respective fields of action by offering an end-to-end range of high value-added services."