Keywords: Renewable energy
Global energy startup Xlinks has appointed veteran industry leader James Humfrey as Chief Executive Officer of its pioneering Morocco-UK Power Project. The $25 billion renewable energy initiative aims to supply 8% of Britain's electricity needs through an undersea cable system transporting solar......
Morocco is making significant progress in bolstering its electricity production from renewable sources, marking a notable upswing in 2023. According to a recent report from the Directorate of Studies and Financial Forecasts, total electricity generation experienced a 2.4% increase last year, showcasing......
Madrid Throws Weight Behind Morocco's Green Ambitions In a bold move affirming its support for Morocco's ambitious green agenda, Spain has pledged substantial financial backing for the country's extensive €45 billion development masterplan, spanning until 2050. Spanish Prime Minister......
Morocco's OCP Group has recently finalized three loan agreements totaling $188 million with the African Development Bank and the Clean Technology Fund, marking a significant milestone in its commitment to advancing sustainability through green projects. These loans are earmarked to bolster OCP's......
Morocco stands at the cusp of a renewable energy revolution, poised to emerge as a titan in the field and a significant exporter of green hydrogen to Europe. However, amidst the promise lies a landscape fraught with uncertainties surrounding demand, infrastructure development, and policy support, which......
Morocco is solidifying its position as a leader in renewable energy with the imminent commencement of operations at its new wind turbine blade production facility. In a significant milestone, Chinese manufacturer Aeolon recently inaugurated the facility in the city of Nador, marking a monumental investment......
The International Finance Corporation (IFC) is making a significant investment in Morocco's economic future, injecting $100 million into Crédit du Maroc to drive small business expansion and facilitate the country's shift towards renewable energy. This financial infusion, equivalent to......
China's Aeolon is making waves in Morocco's renewable energy sector with its groundbreaking €220.8 million investment in a wind turbine blade factory. This move signals a significant vote of confidence in Morocco's potential to lead sustainable power production across Europe, Africa,......
Italy's keen interest in collaborative renewable energy initiatives with Morocco was highlighted by Aziz Akhannouch, the Head of the Moroccan Government, during a press conference in Rome following the "Italy-Africa: A Bridge for Common Growth" summit. The Italian government expressed eagerness......
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