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Keywords: Renewable energy
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,......
Morocco is intensifying efforts to improve energy efficiency within its handicraft industry, aiming to reduce firewood and gas consumption. A new agreement, signed between the Secretary of State for Handicrafts and the Moroccan Agency for Energy Efficiency (AMEE), outlines a strategy to integrate energy-saving......
British geoscience company Getech and energy transition firm Sound Energy have launched a groundbreaking joint venture in Morocco, HyMaroc Limited, aimed at unlocking the country’s natural reserves of hydrogen and helium. This new initiative positions Morocco as a key player in the global energy......
The British government reiterated its dedication to deepening its strategic partnership with Morocco, emphasizing that it regards the Kingdom as an increasingly vital trade and investment partner. Michael Shanks, the British Under-Secretary of State for Energy Security and Energy Transition, stated that......
Chinese energy giant CHINT is intensifying its role in Africa’s energy transition by adopting a comprehensive localization strategy. This approach, encompassing renewable energy projects, grid infrastructure, and local manufacturing, reinforces the company’s commitment to driving sustainable......
Morocco is cementing its position as a regional leader in renewable energy with an ambitious goal to achieve 20 gigawatts of renewable energy capacity. This target, announced by Energy Transition and Sustainable Development Minister Leila Benali, represents a doubling of the country’s current installed......
Karim Zidane, Morocco's Investment Minister, is representing King Mohammed VI at the 17th US-Africa Business Summit, which commenced in Luanda, Angola. The event brings together over 1,500 participants, including African heads of state, ministers, economic leaders, and private sector representatives,......
Foreign direct investment (FDI) in Morocco rose significantly in 2024, reaching $1.64 billion—a 55% increase from $1.05 billion in 2023—according to the World Investment Report 2025, published by the United Nations Conference on Trade and Development (UNCTAD). This marks a critical milestone......
Moroccan industrial leader YNNA Group and Emirati energy company AMEA Power, a subsidiary of Al Nowais Investments, have signed a partnership agreement to develop a 100-megawatt wind farm in Laayoune, Morocco. The project is set to contribute significantly to the Kingdom’s renewable energy goals. Construction......