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Company type | Limited company |
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Industry | Renewable energy |
Founded | 2010 |
Headquarters | , Morocco |
Key people | Mustapha Bakkoury (CEO) Obaid Amrane ( Member of the board ) |
Products | Noor Ouarzazate I Noor Ouarzazate II Noor Ouarzazate III Noor Ouarzazate IV Noor Laayoune Noor Boujdour |
Owner | Moroccan State represented by Mohamed Benchaâboun, Minister of Economy and Finances The Hassan II Fundsrepresented by Abdelouahed Kabbaj, as its president ONEE represented by Abderrahim EL HAFIDI, as the Executive Director Abdelouafi Laftit, Interior Minister Saaïd Amzazi, Minister of the National Education, the Vocational Training, the Higher Education and the Scientific Research Moulay Hafid Elalamy, Minister of Investment, Trade and the Digital Economy Aziz Rabbah, Minister of Energy, Mines and Sustainable Development Lahcen Daoudi, Minister Delegate to the Head of Government in charge of General Affairs and Governance Mustapha Bakkoury, Chief Executive Officer The Direction of Public Compagnies and Privatisation of the Economy and Finances Ministry (DEPP) |
Subsidiaries | Masen Services Masen Capital Cluster solaire Alsolen |
Website | www.masen.ma |
Masen, the Moroccan Agency for Sustainable Energy, is a privately owned Moroccan company with public funding. It was created in 2010[1] to lead the Moroccan solar project to generate electricity from solar power[2] by installing a minimum capacity of 2,000 MW by 2020[3][4] (the Noor Plan).
In 2016, Masen became the Moroccan Agency for Sustainable Energy. Its remit was extended to all renewable energy sources (chiefly solar, wind and hydro-power) and its goal is to achieve a minimum installed capacity of 3,000 MW by 2020 and 6,000 MW by 2030.[5]
Masen develops integrated energy projects (renewable installations) under an agreement between the Moroccan state and Masen.[1]