Economy

Nari Technology Enters the Moroccan Energy Market

Chinese Firm Nari Technology to Enter Moroccan Market in 2026

Nari Technology, a Chinese group specializing in automation systems and equipment for electrical networks, has announced its entry into the Moroccan market during the first half of 2026. Morocco is among the new markets, alongside Kyrgyzstan, that the Chinese group is exploring during this period.

This announcement comes as Nari Technology accelerates its international development. In its semi-annual report released on the Shanghai Stock Exchange, the group revealed that its activities outside China generated 5.9 billion yuan in revenue during the first six months of 2026, approximately 8.1 billion dirhams. This figure represents a remarkable year-on-year growth of 196.6%.

However, the group has yet to provide details about its operations in Morocco. Nari Technology has not specified which equipment or solutions will be marketed in the Kingdom, nor has it disclosed the name of any potential client or the value of any contract. Its financial statements do not clearly indicate the revenues generated from the Moroccan market.

Nari Technology Focuses on Smart Electrical Networks

Nari Technology’s entry into Morocco comes at a time when there is a growing need for modernization of electricity networks and integration of renewable energy sources.

The company develops systems for the control, protection, and automation of electrical networks, as well as power electronics equipment, energy storage solutions, and technologies aimed at facilitating the integration of renewable energies.

Smart electrical networks currently serve as the company’s main business driver. This division generated 13.3 billion yuan in revenue in the first half of 2026, approximately 18.3 billion dirhams.

In parallel, low-carbon energy activities reached 9.6 billion yuan, nearly 13.2 billion dirhams, reflecting a year-on-year increase of 47%.

A Rapidly Growing Chinese Group on the International Stage

The growth of international operations stands in contrast to the performance of the domestic Chinese market. Between January and June 2026, revenues generated in China declined by 1.9%, totaling 21.8 billion yuan, around 30 billion dirhams.

Overall, the group reported total revenue of 27.8 billion yuan, equivalent to 38.3 billion dirhams, marking an increase of 14.5% compared to the first half of 2025.

Net profit attributable to shareholders reached 3.07 billion yuan, about 4.2 billion dirhams, reflecting a 4.1% increase.

Behind the development of smart electrical networks, solutions combining digital technology and energy generated 3.7 billion yuan in revenue, while connected industrial systems accounted for 953.7 million yuan.

Morocco Joins a Global Expansion Strategy

Nari Technology’s entry into the Moroccan market is part of a broader international strategy. The group indicates it has also deployed several of its solutions in various markets during the first half of the year.

In Chile, Nari introduced its remote terminal units, while its static synchronous compensators have been deployed in Saudi Arabia and the Philippines. In Peru, the group marketed its automation systems for distribution networks.

Nari Technology has also strengthened its presence in the railway sector in Australia with electrical power equipment. In Oman, the group has reported a turnkey contract for a 500 MW and 2,000 MWh electricity storage installation.

A New Chinese Presence in Morocco’s Energy Ecosystem

Founded in China and ultimately controlled by the State Grid Corporation of China, Nari Technology is recognized as a major player in technologies related to electrical networks and energy transition.

Its arrival in Morocco is another indication of the increasing interest from Chinese groups in the Moroccan energy market. At this stage, however, the specific contours of its operations still need to be determined, particularly concerning projects, local partners, and potential industrial investments.

The evolution of this presence will be closely monitored in the coming months, as Morocco continues to develop its electrical infrastructure and progressively integrate new renewable capacities into its network.

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