Morocco's MASEN Expands Residential Solar Financing Across Cities
By YourWatts Editorial · Source: Moroccan Agency for Sustainable Energy
The Moroccan Agency for Sustainable Energy (MASEN) has expanded its residential green financing program, now available in 15 major Moroccan cities including Casablanca, Rabat, Marrakech, Tangier, and Fez. The program provides low-interest loans of up to MAD 80,000 for residential solar PV installations, with repayment terms up to 7 years and interest rates 200–300 basis points below standard mortgage rates. Combined with Morocco's longstanding VAT exemption on solar equipment under Article 92 of the General Tax Code and the net metering framework established by Décret 2-15-772, the financing program has accelerated residential solar adoption considerably. Morocco's solar resource is exceptional — averaging 6.1 peak sun hours daily — and the country's electricity tariffs for residential customers in higher consumption tiers can exceed MAD 1.20/kWh, making payback economics highly attractive. AMEE (Agence Marocaine pour l'Efficacité Énergétique) continues to administer complementary efficiency grants for households combining solar with broader energy efficiency improvements such as LED lighting, insulation, and high-efficiency air conditioning. Morocco's broader renewable energy strategy targets 52% of installed electricity generation capacity from renewables by 2030, with utility-scale solar (notably the Noor Ouarzazate complex) and distributed residential solar both contributing meaningfully to that goal.