Ibtissam El Assad

The SR500 Blueprint: How Morocco and Switzerland are Industrializing Rooftop Solar

AN EXCLUSIVE INTERVIEW WITH:

Morocco is stepping into a new phase of climate linked infrastructure deployment, one that blends commercial rooftop solar, bankable financing, and Paris Agreement Article 6.2 cooperation into a single, scalable framework.

At the center is Solar Rooftop 500 (SR500), a Morocco Switzerland program designed to unlock a nationwide pipeline of rooftop photovoltaic projects across the commercial, industrial, and tertiary sectors. The ambition is clear: build a distributed solar market segment at scale, while generating internationally transferable emissions reductions that support Switzerland’s climate targets.
(Sources: Fondation KliK – SR500, EcoActu)

A Strategic Leap: Morocco’s First Article 6.2 Program, and a Signal to Global Climate Finance

SR500 is positioned as Morocco’s first authorized project under Article 6.2 of the Paris Agreement. Article 6.2 enables countries to cooperate through the transfer of verified emissions reductions, often referred to as internationally transferred mitigation outcomes (ITMOs) with accounting rules designed to avoid double counting.

In this structure, the rooftop solar deployed in Morocco generates emissions reductions that once measured and verified can be transferred and counted toward Switzerland’s nationally determined contribution (NDC). For Morocco, the program is framed as “additional” action beyond its unconditional climate commitments, with corresponding accounting adjustments managed by national authorities.
(Sources: Fondation KliK – SR500, Fondation KliK – Morocco)

The Delivery Target: 500 MW of New Rooftop Solar by 2030

SR500’s core deployment goal is to install 500 MW of new, grid connected rooftop PV capacity by 2030.

The design focuses on repeatable, sub-scale assets:

  • New rooftop PV systems, generally intended for self-consumption
  • Grid-connected
  • < 3 MW per installation
  • Rolled out across Morocco’s C&I and tertiary buildings

The intent is to move rooftop solar from “one-off projects” to a standardized pipeline hundreds of installations aggregated under one programmatic umbrella rather than negotiated as isolated deals.
(Sources: Fondation KliK – SR500, EcoActu)

The Capital Stack: Carbon Value as a Market Unlock

SR500’s financing narrative is as important as its capacity target. Switzerland’s climate foundation Fondation KliK supports the program via ITMO purchases under the bilateral cooperation framework, with the program described as mobilizing around $500 million in total investments.
(Sources: Fondation KliK – Morocco, EcoActu)

In practical terms, the program is built to reduce common rooftop solar barriers, especially upfront capex by using carbon revenue as an incentive layer. Reporting on the program describes a carbon premium mechanism that can cover up to 25% of installation costs, improving feasibility for a broader range of companies, including SMEs.
(Source: Morocco World News)

Who Runs It: Aggregation + MRV as the Core Infrastructure

A key enabler of SR500 is the “program” approach: projects are aggregated and monitored under a unified system rather than treated as unrelated installations.

Africa Climate Solutions (ACS) is described as the coordinating/managing entity, overseeing implementation and a digital monitoring, reporting, and verification (MRV) system intended to ensure transparency and credible emissions accounting.
(Sources: Fondation KliK – SR500, EcoActu)

Market Impact: Jobs, Operating Costs, and a New Rooftop Segment

SR500 is also framed as an economic catalyst:

  • Reporting cites ~15,000 direct and indirect jobs, largely tied to installation and maintenance.
  • Participating companies are projected to see 25%–40% reductions in electricity bills.

If realized, those savings can change the rooftop solar value proposition from “green add-on” to “competitiveness lever,” especially for power-intensive operations.
(Source: Morocco World News)

Why This Matters for Sustainable Energy Transition

SR500 is not just a capacity plan. It is a template for how distributed energy can be scaled through:

  • Bankable aggregation (hundreds of rooftops, one program)
  • MRV rigor (to make emissions reductions transferrable and credible)
  • Carbon-linked incentives (to solve early economics and expand adoption)

It also fits Morocco’s wider trajectory toward renewables: national strategy targets over 52% renewable electricity capacity by 2030, and rooftop PV can complement utility-scale projects by reducing daytime grid demand and broadening participation in the transition.
(Source: Fondation KliK – SR500)

The Main Takeaway

SR500 positions Morocco as a proving ground for an Article 6.2 enabled rooftop solar market, one where climate cooperation is translated into financing mechanisms that companies can actually use, and where emissions accounting is treated as infrastructure, not paperwork.

If implementation matches the design, SR500 could become a reference model for other countries seeking to industrialize distributed solar deployment while tapping international climate finance turning rooftops into a measurable, tradeable lever for decarbonization.

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