World Bank finances 300 MW pumped hydro storage project in Morocco

Morocco's state-owned utility ONEE secured $265 million from the World Bank to build a 1,500 MWh pumped hydropower storage facility designed to enable at least 1 GW of new renewable capacity.

First covered Jul 2, 2026 · 5:20 AM PT · 1 article

Coverage

15h PV Magazine World Bank backs 300 MW pumped hydropower storage plant in Morocco — Morocco’s state-owned utility ONEE has secured $265 million to build a 300 MW/1,500 MWh pumped hydro storage plant, which is expected to support at least 1 GW…

Appeared in: 2026-07-02 (#2) · 2026-07-03 (#8)

← Back to the brief