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Keywords: Energy
The ongoing conflict between Russia and Ukraine continues to intensify, with significant developments on the battlefield, in diplomatic corridors, and across global political landscapes. Here's a summary of the most critical events as of Friday, December 13. Military Escalation The situation in......
Sound Energy has completed the partial divestment of its Moroccan gas assets to Managem Group, a transaction valued at up to $45.2 million. This move is in line with Sound Energy’s strategy to unlock greater value from its energy projects in Morocco. Graham Lyon, Executive Chairman of Sound Energy,......
The Moroccan government, led by Head of Government Aziz Akhannouch, has approved 56 investment projects valued at 134 billion Moroccan dirhams ($13.4 billion), signaling a robust commitment to economic development and employment generation. Strategic Investment Breakdown During the sixth session of......
A groundbreaking joint venture between Morocco and the United Arab Emirates is set to revolutionize the renewable energy landscape, with a massive $25 billion investment in green hydrogen and ammonia production in Dakhla, southern Morocco. Strategic Investment Overview The renewable energy company......
During an official visit to Rabat on Monday, the President of Mauritania’s National Assembly, Mohamed Bemba Meguet, emphasized the importance of enhancing bilateral relations with Morocco, particularly through expanded political, economic, and cultural cooperation. Speaking with Mohamed Ould Errachid,......
The ambitious Xlinks project, designed to connect Morocco's renewable energy resources with the United Kingdom, has taken a major step forward by opting to route its 3,800-kilometer undersea cable through Spanish waters. This groundbreaking green energy initiative reflects a strategic choice to avoid......
Monaco, renowned for being a tax haven and luxury playground for the wealthy, has increased its land area by 3%. The world’s second-smallest sovereign state, home to a population of around 39,000 people—70% of whom are millionaires according to property firm Knight Frank—has embarked......
Italian manufacturer Ecoprogetti has significantly expanded its photovoltaic (PV) production capabilities, doubling the capacity of its production line in Al Hoceima, Morocco, from 500 MW to 1 GW. This move establishes the facility as the largest solar module plant in both Morocco and North Africa, as......
Morocco’s Minister of Energy Transition and Sustainable Development, Leila Benali, underscored the Kingdom’s commitment to fostering a sustainable mining industry during her speech at the first International Mining Congress of Morocco (IMC Morocco 2024) in Marrakech on Tuesday, according......
