The EU’s T-MED initiative aims to mobilize billions of euros for renewable energy, hydrogen, clean technology, and electricity networks across the Mediterranean. Morocco and Egypt are emerging as important partners as Europe invests in renewable generation, grid infrastructure, and potential subsea electricity connections.
Greater Mediterranean interconnection could give Europe access to abundant renewable resources while attracting investment and clean-energy jobs to North Africa.
Europe is deepening its ties with North Africa to develop stronger clean energy connections between the two regions in support of a green transition. The European Union and several European countries have invested in Morocco and Egypt in recent years to support renewable energy development in countries with favorable climate conditions for energy production.
In June, the European Commission (EC) pledged almost $5.8 billion in renewable energy projects in the Middle East and North Africa (MENA) as part of its T-MED initiative.
The aim is to deploy solar panels in the Sahara Desert and wind turbines along the southern and eastern shores of the Mediterranean to produce clean energy in areas with optimal climate conditions.
The EC estimates that the MENA region has approximately 2,300 GW of renewable energy potential, which is over twice the EU’s current installed capacity.
The EC expects more governments, development banks, project developers, and private investors to see the value of investing in the region.
