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

Facebook
Twitter
LinkedIn
Reddit
Email

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.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

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.”

Read Next

July 7, 2025
The board of REC Silicon is running out of time on a buyout offer by Korean conglomerate Hanwha previously dismissed as "lowball".
Premium
July 7, 2025
Collecting project performance data and managing cybersecurity concerns is no simple task for many project managers.
July 7, 2025
ReNew has received a non-binding final acquisition offer from a consortium at US$8 per share, which is 13.2% more than their earlier offer.
July 7, 2025
Chinese energy giant China Petroleum and Chemical Corporation, also known as Sinopec, has commenced operations at a 7.5MW offshore floating PV plant in China.
July 7, 2025
GameChange Solar has announced plans to supply trackers for the 1GW second phase of the Abydos project in Egypt.
July 7, 2025
Private equity firm Ardian has completed the acquisition of French independent power producer Akuo, a transaction unveiled in March 2025.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 22, 2025
Bilbao, Spain
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK