Keywords: Taqa
Taqa Morocco, the operator of the Jorf Lasfar coal-fired power plant, has reported a 17% drop in net profit for the first half (H1) of 2025. Net profit fell to MAD 437 million ($48.7 million), down from MAD 526 million ($58.6 million) in the same period last year. The decrease was largely attributed......
In March 2025, Morocco launched an ambitious energy strategy under the Offre Maroc initiative, committing $35.15 billion (MAD 319 billion) to green hydrogen development across its southern provinces. This initiative aims to position the country as a global leader in green hydrogen production, targeting......
The United Arab Emirates has emerged as Morocco’s largest foreign investor in 2024, injecting MAD 3.1 billion ($310 million) into the economy, according to a report by Morocco’s Office des Changes. This represents 18.9% of Morocco's total net foreign direct investment (FDI), reflecting......
Morocco is advancing its renewable energy ambitions, aiming to increase the share of clean energy to 52% by 2030. The North African nation is actively negotiating with Emirati companies, including Masdar, AMEA Power, and Taqa, to develop wind energy projects in the southern provinces of Sahara. These......
Morocco has recently etched its name in the annals of economic history with an extraordinary $14 billion agreement with the United Arab Emirates. This landmark pact promises to significantly reshape the nation’s water and energy landscape, setting a course for sustainable infrastructure development......
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 ambitious renewable energy project connecting Morocco to the United Kingdom, spearheaded by Xlinks, has reached a significant milestone. Designed to harness Morocco’s abundant solar and wind resources, the project aims to supply clean energy to the UK market by the early 2030s. Located in......
A groundbreaking joint venture between Morocco and the United Arab Emirates is set to revolutionize the renewable energy landscape, with a massive $25 billion investment in green hydrogen and ammonia production in Dakhla, southern Morocco. Strategic Investment Overview The renewable energy company......
The ambitious Xlinks project, designed to connect Morocco's renewable energy resources with the United Kingdom, has taken a major step forward by opting to route its 3,800-kilometer undersea cable through Spanish waters. This groundbreaking green energy initiative reflects a strategic choice to avoid......
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