Skip to main content

Table 4 Best case financing cost assumptions for specific RES-E technology investments in Morocco. Source: Own calculation based on [78,79,80,81,82,83,84,85,86,87,88], as well as personal discussions with developers (Masen, ACWA Power), International Technical advisory providers (Intec Gopa and Suntrace), and Moroccan Investment Banks (Upline Investment)

From: Morocco’s sustainable energy transition and the role of financing costs: a participatory electricity system modeling approach

Technology Share of debt financing Share of equity financing Debt interest rate Equity rate of return
(%) (%) (%) (%)
CSP 86.00 14.00 3.1 14
Wind 80.00 20.00 4.0 14
Geothermal 80.00 20.00 4.0 20
PV 86.00 14.00 3.1 14
Biogas 80.00 20.00 4.5 15
Reservoir hydro 82.00 18.00 5.0 15
Pumped-hydro storage 80.00 20.00 4.0 20
Hard coal 79.30 20.70 4.0 15
Natural gas 75.08 24.92 4.0 12
Oil 79.30 20.70 4.5 15