Keywords: Energy investment
Morocco will need to invest over $40 billion in the next five years to achieve its national energy objectives, according to Energy Transition Minister Leila Benali. Speaking during an interview with Asharq at the OPEC seminar in Vienna, Benali outlined the country's ambitious energy transition strategy,......
Turkish President Recep Tayyip Erdogan has announced that Syrian Airlines will soon resume flights to Turkey. Sharing the news on social media platform X, Erdogan stated that the flights would restart “soon,” although he did not provide a specific date. He also expressed hope that AJet,......
British firm Xlinks has temporarily paused its ambitious 3,900-kilometer undersea electricity cable project connecting Morocco to the United Kingdom. The company has halted its Development Consent Order (DCO) examination process while awaiting a crucial decision on its Contract for Difference (CfD) from......
Morocco is determined to address critical energy and water challenges, leading the way towards strong water and electricity sovereignty. A powerful consortium, including the Mohammed VI Investment Fund, TAQA Morocco, and NAREVA, has formalized three agreements with the Moroccan government and the National......
The French Development Agency and Morocco’s OCP Group deepen ties with a €350 million loan to advance decarbonization, green hydrogen, and sustainable farming in Morocco’s southern provinces. France’s AFD expands strategic partnership with Morocco’s OCP Group The French......
Morocco’s journey in energy transition appears to be on track, as the country’s energy efficiency approach is projected to yield energy savings of 20% by 2030. The Moroccan Energy Investment Company (SIE) has recently launched a call for interest aimed at selecting industrial companies that......
Nigeria and Morocco are intensifying their collaboration to strengthen bilateral relations, particularly in the energy sector. The Kano state government has set its sights on attracting over $10 billion in investments from Morocco over the next five years, with a focus on renewable energy and the development......
X-Links President and former Tesco chief Dave Lewis has issued a stark warning regarding the future of a groundbreaking £25 billion renewable energy initiative linking Morocco and the UK. Due to ongoing government delays, Lewis indicated that investors may consider shifting the project to Germany......
Morocco is poised to significantly enhance its solar power capacity, with projections suggesting an increase from 0.32 GW to an impressive 4.35 GW by 2028, according to a recent report by SolarPower Europe. This assessment, supported by the Global Solar Council and Morocco’s Cluster EnR, outlines......
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