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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
  • 230 disbursed credits for €100 million; 30 in progress for €10 million - March 2019
  • Avoided emissions of 102,725 TCO2e/year and primary energy savings of 354,000 MWh/year - March 2019
  • 10% incentive back after completion of the sustainable energy investment
  • Free technical assistance to assess the project
  • Modernise your industry, increase your profitability and competitiveness
  • Building retrofit with energy efficiency measures, reduced costs and better image
Eligible Projects
Energy efficiency and renewable energy investments in existing industrial, office and commercial buildings


Eligible projects

Investments in energy efficiency or renewable energy technologies in commercial, industrial and administrative / office buildings resulting in at least 30% energy savings or 20% CO2 emission reductions. The investments are for the refurbishment/renovation of an existing building.

Eligible sub-sectors Buildings of industrial facilities, hospitality (hotels, riads,…), healthcare (clinics, hospitals…), schools and universities, call centers (offshoring), headquarters and office buildings of commercial private companies, retail and commercial centers…
Small-Scale projects
  • Lease or Loan
  • Up to 100% of investment cost subject to decision by the participating bank 
  • <= 3 000 000 DH
  • Investment incentive: 10% of financing amount (after installation & verification)
  • Eligible equipment and materials listed in the List of Eligible Materials and Equipment (LEME)
Large-Scale or more complex projects
  • Loan or Lease
  • Up to 100% of investment cost subject to decision by the participating bank 
  • Lease <= 10 000 000 DH
  • Loan <= 50 000 000 DH
  • Max project size: 150 000 000 DH
  • Investment Incentive: 10% or 15% (after implementation & verification).
    • 15% is for co-generation, tri-generation and renewable energy projects resulting in more than 2 Kwh of electricity production per year per euro invested); 
  • Free technical assistance related to project eligibility assessment, loan application, monitoring of implementation and verification


  • Replacement of existing windows with new, double-glazed windows, low emission glazing
  • Installation of rolling doors
  • Additional shading (jalousies, structural elements, etc.)
  • Thermal insulation of the building envelope (external walls, roofs, basements)
  • Replacement of existing on-site heating system with a new one (thermal insulation of pipes, tanks and machinery equipment)
  • Installation of heat recovery from air ventilation systems and / or processes (e.g. installation of economizers for pre-heating purposes)
  • Replacement of existing low energy efficient appliances (e.g. refrigerators, washing machines, washer / dryers, ovens) with new, more efficient ones
  • Replacement of existing lighting with more efficient equipment, installation of dimming, daylight sensors, presence sensors, algorithmic lighting, grouping of luminaries)
  • Free cooling
  • Variable air-volume air-conditioning systems
  • Balancing of heating systems, implementation of individual heat control devices
  • Replacement of old and low efficient boilers with new, more efficient ones, with or without fuel switching
  • Implementation of on-site micro-cogeneration / tri-generation
  • Rehabilitation of on-site heat sub-stations and installation of heat meters
  • Compressor replacement / rehabilitation
  • Frequency modulation of pumps, fans, drivers and motors
  • Implementation of Energy / Building Management Systems
  • Solar thermal collectors
  • Biomass boilers
  • Geothermal energy utilisation for heating and / or cooling with or without heat pump
  • Surface water utilisation for heating and / or cooling with heat pump
  • Solar heating and / or cooling

For questions on whether your project can be eligible, please contact the MorSEFF team.

What is MorSEFF video

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% 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