First Independent Mena Newspaper
U.S. Verde Hydrogen Company, a global leader in the transition to carbon zero hydrogen solutions, has said lately it signed an agreement to develop and commission a 2MW green hydrogen electrolyzer project in Morocco. The project, which will be completed in early 2024, represents a breakthrough development to both the Boston-based company and the green […]
Sound Energy PLC on Wednesday said that Casablanca-based Attijariwafa offered to finance the second phase of its development of the Tendrara production concession in Morocco. The London-based Morocco-focused upstream gas company said Attijariwafa offered up to around $237 million, subject to conditions being met before the end of September. The funding includes a 12-year term […]
Morocco’s plans to become a green hydrogen powerhouse are luring European customers including Germany and most recently Netherlands. The Dutch and the Moroccan governments signed a financing deal to look into green hydrogen infrastructure. Germany had integrated Morocco in its H2Uppp program targeting hydrogen projects in developing countries. But the project that is closest to […]
French oil giant TotalEnergies is being sued in Paris by 26 Ugandans, together with five Ugandan and French aid groups, for reparations over alleged human rights violations at its massive mega-projects in the East African country. People from the affected communities in Uganda say the energy firm caused “serious harm”, especially to their rights to […]
The World Bank Thursday approved a $268.4 million loan to Tunisia earmarked for financing electricity connection with Italy, State-run news agency TAP reports. The electrical interconnection project known as ELMED is set to provide a 230 km-long 600MW connection to Italy’s Sicily. ELMED will produce a quantum leap in the integration of the electricity markets […]
South Africa and Kenya are non-hydropower renewables outperformers in the Sub-Saharan Africa region, with the former remaining the leader in renewables growth in the region, while the latter leading in terms of non-hydropower renewables, according to the latest BMI’s report. Non-hydropower renewable energy growth in Sub-Saharan Africa is led by South Africa and Kenya, whereby […]
Dutch Prime Minister Mark Rutte said he is “impressed” by Morocco’s renewable energy ambitions under the leadership of King Mohammed VI. “I’m impressed by the ambitions set out in this area under the leadership of His Majesty King Mohammed VI, including the target of 52% of electricity from sustainable energy by 2030 and the will […]
Four more African countries, namely Côte d’Ivoire, Liberia, Guinea, and Benin, have signed memoranda of understanding with Morocco and Nigeria to participate in the flagship Nigeria-Morocco gas pipeline project. The signing took place at the headquarters of the Economic Community of West African States (ECOWAS) in Lagos, Nigeria, in the presence of Amina Benkhadra, the […]
The European Union’s landmark Carbon Border Adjustment mechanism (CBAM) will push producers to decarbonize, yet make it harder to do so, because it is a poorly designed policy that can end up doing more harm than good, according to a latest study published by ‘African Arguments’ that also suggests that the CBAM policy could cut […]
Taqa Morocco SA, a leading energy company in Morocco, said on Wednesday it plans to develop 1 gigawatt (GW) of wind and solar projects by 2030 to support the country’s energy transition goals. The company’s CEO Abdelmajid Iraqui Houssaini told Bloomberg that Taqa Morocco SA is also looking into investing in desalination projects to tackle […]