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Keywords: Energy


Iberdrola Expands Clean Energy Reach with €300 Million Investment in Morocco

Spanish energy leader Iberdrola is amplifying its commitment to renewable energy with a strategic move into Morocco. The company unveiled its latest initiative this week, securing a substantial €300 million loan from the International Finance Corporation (IFC) to accelerate its global transition......

Renewable Energy Opportunities: Green Capital Identifies Four Sites for Projects in Morocco

Morocco is making substantial strides in its ambitious pursuit of renewable energy development and the strengthening of economic ties across Africa, as recently revealed by the Polish renewable energy firm, Green Capital. Green Capital has pinpointed four strategically advantageous locations within......

Morocco's Journey to Energy Independence: A 21% Decrease in Energy Imports

Morocco has achieved a significant milestone on its path to energy independence. The North African nation successfully slashed its energy import bill by more than 21% in the first 11 months of 2023 compared to the previous year, as announced by the Moroccan Office of Exchange on Tuesday. This substantial......

Marrakech-Safi: Defying Global Economic Headwinds with a Surge of Investments

In the face of challenging global economic conditions, Morocco's Marrakech-Safi region exhibited remarkable resilience in 2023, maintaining robust economic growth throughout the year. The region experienced a staggering influx of investments, surpassing 119 billion Moroccan dirhams, marking a remarkable......

Morocco's Pioneering Advancements in Renewable Energy Research

Morocco has emerged as a key player in the field of scientific research on renewable energy technologies, as highlighted in a recent report by UNESCO. The North African nation has witnessed a substantial surge in publications focused on solar, wind, and smart grid innovations. While Qatar and the United......

Morocco Empowers Its Energy Landscape: $2.5 Billion Project to Unify North and South Electric Grids

Morocco is embarking on a monumental $2.5 billion initiative to seamlessly connect the power grids of its northern and southern regions, facilitating increased transmission of renewable energy. The state-owned National Office of Electricity and Drinking Water (ONEE) recently issued a call for proposals......

The Great Moroccan Oil Heist: Price-Fixing Giants Exploit Consumers as Regulators Falter

For years, Morocco's major oil companies have orchestrated an intricate price-fixing scheme, siphoning billions from unsuspecting consumers while regulatory bodies turned a blind eye. However, this elaborate web may finally be unraveling. The Competition Council of this North African nation has......

Attijariwafa Bank and Schneider Electric Collaborate to Drive Energy Efficiency in Morocco and Africa

Casablanca, Morocco - A groundbreaking partnership is set to propel energy efficiency initiatives throughout Morocco and Africa. Attijariwafa Bank, a prominent Moroccan bank, officially inked a Memorandum of Understanding (MoU) on Tuesday with Schneider Electric, a French energy management giant, at......

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