Keywords: Energy
Morocco's state phosphate company OCP has announced an ambitious MAD 139 billion ($14 billion) investment plan spanning 2025 to 2027, marking a significant expansion of its operations and sustainability initiatives. According to a recent report from the Ministry of Economy, the investment will be......
The European Investment Bank (EIB) has strengthened its long-standing partnership with Morocco by providing a significant €1 billion loan package. This marks a notable expansion of the EIB's nearly €10 billion investment in the country since 1979. EIB Vice President Ioannis Tsakiris outlined......
Morocco's butane gas imports have reached unprecedented levels in early 2024, with the United States emerging as the dominant supplier in this crucial energy market. During the first half of 2024, Morocco imported approximately 1.4 million tons of butane, signaling a significant uptick from the previous......
Morocco's energy infrastructure received a significant boost as the National Office of Hydrocarbons and Mines (ONHYM) and the National Office of Electricity and Drinking Water (ONEE) formalized a crucial natural gas transportation contract on Monday. The agreement establishes a framework for supplying......
U.S. investment powerhouse Lowercarbon Capital is making significant inroads into France's cleantech landscape, with its latest investment spotlighting the fund's growing interest in European green innovation. The Wyoming-based firm, founded in 2018 by Chris and Crystal Sacca, has just added......
Mercedes-Benz has inaugurated Europe's first integrated mechanical-hydrometallurgical battery recycling facility in Kuppenheim, Germany, marking a significant advancement in sustainable automotive manufacturing. This multi-million euro investment establishes a closed-loop battery recycling system,......
Hurricane Oscar has made landfall on Cuba's eastern shores, bringing with it winds of nearly 80 mph (130 km/h) and compounding the challenges faced by a nation already grappling with a near-total power outage. The storm made landfall near Baracoa at 5:50 PM local time, coinciding with the third day......
Morocco is set to make a significant leap in its renewable energy capacity, with plans to double green power output in its southern provinces by 2027. This ambitious project, estimated at $2.1 billion, is part of the country's preparation to co-host the 2030 FIFA World Cup alongside Spain and Portugal. The......
In a significant move to bolster diplomatic ties, Moroccan Foreign Minister Nasser Bourita welcomed Rodrigo Pacheco, President of the Brazilian Senate, to Rabat. This high-level meeting marks a pivotal moment in the strategic partnership between Morocco and Brazil, signaling a mutual commitment to deepen......
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