(Ecofin Agency) - Two years after entering the Moroccan market, Bahreini firm Terra Solar exits the country, selling its local subsidiary, Terra Solar Morocco.

In 2015, the group said it wished to develop in the Kingdom 16 PV solar plants, each having a production capacity of 25MW. A project which would have made the company one of Morocco’s main solar power providers. However, nothing was done since the announcement, and according to Morocco World News, the firm had to abandon the project to focus on more structuring projects.

It has actually that revealed it will invest $3.5 billion in the PV sector in Egypt.

Gwladys Johnson