Energy Headlines Morocco

Green Hydrogen: Italy Planning Pipeline Project with Morocco

The Italian government has agreed to finance a feasibility study for building a pipeline destined to transport green hydrogen from Morocco to the European country. This ambitious project has been disclosed lately by Italian MP Debora Serracchiani of the Democratic Party. She described Morocco as a leader in renewable energy in the Mediterranean basin. The […]

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Arab world urges Morocco to show the way in automobile industry

The Arab parliament has urged Morocco to make available its experience and know-how in the automobile industry to other Arab countries so the latter can set up robust automobile industries, Le360.ma reports. The call came Tuesday from members of the Committee of the Arab Parliament in charge of scientific research, innovation and digital during a […]

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Sweden’s SKF Invests $4.9 Mln in Factory in Morocco

SKF, the world’s biggest bearings maker, announced on Monday a $4.9 million investment earmarked for building a manufacturing site in Tangier in Morocco. The Swedish company said the plant will enable it to meet growing demand for magnetic bearings used in turbomachinery and other high-speed applications, including hydrogen gas liquification and for oil-free industrial compressors. […]

Business Finance

ADB urges Japanese companies to invest more for ‘promising returns’ in Africa

There is growing interest in Japan by the government, parliamentarians, mega companies and startups to invest more in Africa, as a delegation from the African Development Bank Group (ADB) found during its recent 5-day visit to Japan. Led by ADB President Akinwumi Adesina, the high-powered delegation aimed to showcase the enormous investment opportunities on the […]

Energy

Africa’s first hydrogen power plant in Namibia to produce electricity by 2024

The green hydrogen power plant in Namibia — the first in Africa — will start producing clean electricity power, 24 hours a day all-year round, by 2024. French independent power producer HDF Energy expects that, once operational, its Swakopmund green hydrogen power plant, built to the tune of $181mil., will boost electricity supply in the […]

Energy Headlines Morocco

Morocco poised to become energy exporter thanks to hydrogen- IRENA

Morocco was cited as one of the four countries in the world with a significant potential to become exporters of green hydrogen, the international renewable energy agency IRENA said. Morocco has already announced a national plan to increase the share of renewable energy in overall energy consumption with a potential to supply 4% of global […]

Energy Headlines Morocco

Morocco plans to supply 4% of global hydrogen demand

Morocco presses ahead with its clear energy diversification plan with an ambitious hydrogen project that aims to produce locally 4% of global supply. In a note published by the government, hydrogen will be used in Morocco’s plan to increase the share of renewable energy in overall energy consumption. Morocco has set the target of producing […]