Study of Economic and Environmental Impact of Photovoltaic Installation Located in Morocco

Many countries have committed to reducing their emissions of gases responsible for the increase in the greenhouse effect. This decision could decrease the consumption of fossil fuels in favour of renewable energies, which have the advantage of being economically profitable and ecologically clean since their use does not generate harmful waste or polluting gas emissions. As a developing country, Morocco has adopted an energy policy focused on developing renewable energy through the launch of the Moroccan Solar Project, which aims to reduce greenhouse gas emissions and dependence on fossil fuels.The purpose of this article is therefore to study the economic and environmental impact of a photovoltaic installation in a shopping centre in Sale city, Morocco, while analyzing its investment costs and studying its profitability in time. This study shows that the project can generate sufficient profits to recover the investment capital with a payback period of 5 years, a meaningful reduction of CO2, and a huge annual saving from the production of solar electricity.