Agadir – Aradei Capital and LabelVie have announced the launch of a large-scale solar energy program aimed at equipping their sites with photovoltaic power systems, contributing to the national energy transition strategies.
The initiative will see the deployment of solar installations across the companies’ real estate portfolio. The first phase of the project, currently underway, covers nine sites with around 25,000 m² of rooftop space equipped and an installed capacity of 5 MWp expected to become operational in 2026.
The program is set to expand significantly in the longer term, reaching nearly 60 assets across Morocco and targeting a total capacity of around 20 MWp.
In particular, the two groups said they expect the project to substantially reduce CO₂ emissions while improving energy efficiency across their operational sites.
Beyond rooftop solar systems, Aradei Capital and LabelVie are also considering additional solutions, including photovoltaic shading structures in parking areas, energy storage systems, and other energy efficiency technologies.
‘Combine innovation, economic performance, and positive environmental impact’
Commenting on the project, LabelVie CEO Naoual Ben Amar said the initiative represents a “major milestone” in the group’s sustainability commitments. “As a key player in retail in Morocco, we are committed to promoting an ambitious energy transition and strengthening our resilience in the face of climate challenges,” Ben Amar explained.
“This shared ambition with Aradei Capital perfectly illustrates our ability to combine innovation, economic performance, and positive environmental impact. We are proud to contribute to a more sustainable future while continuing to meet the expectations of our customers and partners.”
Aradei Capital CEO Nasser Benjelloun meanwhile described the project as a key milestone, echoing Ben Amar’s optimism and excitement about the joint venture’s prospects.
“This strategic impact-driven project marks a key milestone in our sustainable development approach, Bricks For Impact,” he said. “Our ambition perfectly combines innovation and environmental responsibility, and we are proud to collaborate with our long-standing partner LabelVie.”