Chief Executive Officer Abdou Bensouda announced in 2014 that Finatech Group and Greensolver agreed to cooperate on a wide array of solar- and wind-related services within Morocco. Both companies are alternative energy development companies. Morocco has set a target of producing 42 percent of its electricity by 2020 from renewable energy.
Finatech Group is one of Morocco’s biggest companies regarding energy, telecommunications and transportation. It is ready to use its knowledge of the Moroccan infrastructure during its venture with Greensolver. Greensolver is a third-party provider of services to the renewables sector. It’s seeking to expand its reach to new markets.
The two companies offer to local institutions, industry, investors, and others a turnkey solution for the development, construction and operation of wind and solar farms. Greensolver and Finatech will jointly develop and market an extensive variety of services dedicated to solar-photovoltaic and wind power in Morocco.