IFC Green loan to boost OCP’s solar program in Morocco

Solar-powered phosphate production to benefit the global food supply.
  • IFC grants €100M green loan for OCP’s PV hybrid project, to be largest in Morocco.
  • This green loan is for a 400 MW solar PV and 100 MWh storage plant.
  • OCP plans 2 solar plants in Benguerir and Khouribga, totaling €360M investment.
  • This marks the 2nd IFC green loan for OCP after a €100M one in April 2023.

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