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Keywords: Renewable energy
Morocco’s ambitious approach to seawater desalination is attracting international attention as countries around the world search for solutions to growing water shortages caused by climate change and prolonged droughts. Faced with increasing pressure on its water resources, Morocco has adopted......
Morocco’s OCP Group is preparing to raise up to MAD 5 billion through a perpetual subordinated bond issuance to finance the next stage of its industrial, energy, and environmental transformation strategy. The operation, approved by the Moroccan Capital Market Authority, will be offered exclusively......
Morocco’s achievements in renewable energy and sustainable development were highlighted during a conference held at the Swiss Federal Institute of Technology in Lausanne (EPFL), where Minister of Energy Transition and Sustainable Development Leila Benali presented the Kingdom’s vision for......
India has taken another step in its energy transition by introducing gasoline blended with 85% ethanol, commonly known as E85. The new fuel is expected to be offered at a lower price than conventional gasoline blends, reflecting the country's broader efforts to promote cleaner energy sources and......
As military tensions around the Strait of Hormuz entered a third month, Gulf oil-producing states intensified investments in renewable energy projects abroad. The move reflects growing efforts to reduce exposure to disruptions that have constrained hydrocarbon exports and reshaped energy priorities across......
British energy company Drax has agreed to acquire Bluefield Solar Income Fund (BSIF) in a transaction valued at approximately £561 million, including a permitted dividend. The deal represents a significant step in Drax’s strategy to expand its renewable energy assets and support the United......
Africa faces a widening gap between climate commitments and available funding. A new policy analysis by Harrison Rehoboth Consulting, based on data from the Climate Policy Initiative, estimates that the continent needs about 2.8 trillion dollars between 2020 and 2030 to meet its Paris Agreement goals.......
Construction has begun on a major solar energy initiative in Morocco involving four photovoltaic power plants under the Noor Atlas program, marking a new phase in the country’s renewable energy expansion. Eiffage, through its energy systems subsidiary, is responsible for the design, supply, construction,......
The African Development Bank (AfDB) and the OCP Group have signed a €450 million partial credit guarantee agreement aimed at supporting the company’s large-scale investment program in Morocco. The agreement, signed in Rabat, is designed to facilitate a €530 million green financing package......