4 days ago
INEE Becomes Morocco's First Accredited Energy Services Company
Doha – Innovative Energy & Efficiency (INEE), a subsidiary of the CDG Group, has become the first company to benefit from official accreditation as an Energy Services Company (ESCO) in Morocco.
The Ministry of Energy Transition and Sustainable Development issued this authorization on May 20, as part of Decree No. 2-24-153, implementing Law No. 47-09 on energy efficiency.
The ministry stated this development represents an important step in operationalizing the regulatory framework for energy efficiency, building on their ongoing efforts.
INEE is the first ESCO approved under the new national legal framework. The company specializes in energy efficiency solutions, renewable energy production, and decarbonization.
According to company information, INEE operates across the entire value chain, from energy audits to real-time monitoring and operation. Their services integrate financing, engineering, and project assembly for clients in both public and private sectors.
'This recognition allows INEE to contract energy efficiency projects through Energy Performance Contracts based on a structuring partnership model,' the company stated. These contracts connect ESCOs to their clients through measurable objectives, with payment directly linked to actual energy savings achieved.
The ESCO business model is designed to reduce financial risk for clients while helping to cut energy consumption. According to INEE, they deploy technical solutions with a commitment to achieving energy performance targets.
The company reports operating in sectors including Smart City development, industry, tertiary services, logistics, and agriculture. It also works on implementing the Administration's Exemplarity Pact.
Energy efficiency is emerging as a driver of job creation in the sector. The new regulatory framework aims to develop a national ecosystem of specialized companies while promoting skills training.
INEE states that through its approach, it contributes to structuring a national energy efficiency ecosystem. This work supports Morocco's efforts to strengthen energy sovereignty, accelerate decarbonization, and build economic resilience against climate challenges.
The ministry has already authorized 25 companies responsible for mandatory energy audits. It has expressed commitment to supporting companies wishing to join this ecosystem and contribute to building a more sustainable economy.
As a wholly-owned subsidiary of CDG Developpement, INEE's new status reflects the CDG Group's involvement in energy transition and territorial development in Morocco. Tags: Energy Services CompanyEnergy transitionESCO
