According to foreign media reports, on November 24, Moroccan Minister Karim Zidane signed an investment agreement with GPM Holding Group to build a polysilicon production plant with an annual output of 30,000 tons in Morocco.

According to the terms of the agreement, the polysilicon plant will be built in the Watia Industrial Zone in Tantan Province, southwestern Morocco, with an annual capacity of up to 30,000 tons, 85% of which will be exported to the international market .
According to local media reports, GPM Holding Group, a solar energy company based in Morocco, has pledged to invest $ 800 million (about 5.676 billion yuan) in the project .
At the same time, Morocco's Ministry of Investment, Integration and Public Policy Assessment said, "This promising investment will help consolidate Morocco's leading position in the field of renewable energy and develop its related industrial value chain." Especially in the manufacture of solar panel components.
In early November, a study by Rabat-based Imaar Climate and Development Initiative pointed out that Morocco is expected to develop into a solar energy market worth $31 billion.
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