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  • Donec tellus enim, fermentum et sollicitudin
  • Donec tellus enim, fermentum et sollicitudin
  • Donec tellus enim, fermentum et sollicitudin
  • Donec tellus enim, fermentum et sollicitudin
  • Donec tellus enim, fermentum et sollicitudin
  • Donec tellus enim, fermentum et sollicitudin
  • Make the right investment to boost your competitiveness
  • Save at least 20% on your energy bill
  • Get up to 15% incentive back after your investment is complete
  • Get free technical assistance to assess your project
  • Modernize your industry, increase your profitability and competitiveness
  • Retrofit your hotel, reduce your operating costs, and improve your image
Eligible Projects
Stand-alone renewable energy projects

ELIGIBILITY

Types of projects:
  • Purchase and installation of equipment, systems and processes utilising renewable energy resources for generation of electricity and / or heat and / or cooling and / or any other form of energy replacing fossil fuel resources.
  • Investments supporting bio-fuels (biodiesel and bioethanol) for transport based on food chain are excluded.
Requirements:
  • Simple pay-back period: below 15 years (at prices at the time of loan approval)
  • Generated electricity: Minimum of 1 kWh per annum per 1 EUR of Investment Cost.
  • For wind turbines: installed capacity utilisation rate must not be lower than 0.22.
  • For run-of-river hydropower plants: installed capacity utilisation rate must not be lower than 0.25.
  • Financial viability of all renewable energy projects: positive Net Present Value over 15 years (calculated using a discount rate applicable for such type of investment).

EXAMPLES OF PROJECTS

  • Small run-of-river hydropower plants with an installed capacity not exceeding 5 MW (subject to prior environmental compliance approval),
  • Installation of wind turbines with a collective installed capacity not exceeding 10 MW (subject to prior environmental compliance approval),
  • Biomass combustion systems generating heat and / or electricity (biomass sustainability assessment required)
  • Solar-thermal water systems for the production of hot water for processes and / or space heating / cooling and / or sanitary water heating
  • Solar-thermal low / high temperature drying systems
  • Geothermal energy utilisation with / without heat pumps (drilling and pumping test)
  • Biogas stations and / or engines (agriculture, municipal, industrial waste, sewage treatment)
  • Solar photovoltaic power plants with installed capacity up to 2 MW
  • Geothermal energy with / without heat pumps (drilling test)

Please contact the MorSEFF team to learn more about financing of stand-alone small-scale renewable energy projects.

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Small Scale Financing

Fast-track loan or lease of up to 3 000 000 DH + vast choice of automatically qualified equipment on LEME database + 10% cash-back incentive after installation

 

Larger/More Complex Investment Financing

Loan up to 50 000 000 DH / Lease up to 10 000 000 DH + free technical assistance through implementation + 10% or 15% incentive post-verification

SEMED Multidonor Fund (This Fund is supported by Australia, Finland, France, Germany, Italy, the Netherlands, Norway, Sweden, Taipei China and the United Kingdom)

 

Participating Banks

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