First Independent Mena Newspaper
The French Development Agency (AFD) will extend the Moroccan Electricity and Drinking Water facility (ONEE) a €50 million loan to help it implement a program on the improvement of the performance and resilience of drinking water services in Morocco’s Northern provinces. Under the loan agreement, signed last week in Rabat, the ONEE will enlarge access […]
Abu Dhabi’s renewable energy company Masdar announced on Sunday that it has completed a landmark off-grid solar power project, supplying energy to 19,438 households in more than 1,000 rural villages in Morocco. The announcement was made Sunday on the sidelines of the 8th session of the International Renewable Energy Agency (IRENA) held in Abu Dhabi […]
Morocco’s Electricity Utility (ONEE) selected two British firms as technical and financial advisors for its gas to power project. The London-based law firm Ashurst has been selected under a contract worth €1.9 million, while the Emirati branch of the British bank HSBC won a legal contract standing at $7.2 million. The gas to power project […]
Morocco seems firmly resolved to reach the goal it set to cover more than half its energy needs by 2030 from renewables. In this vein, King Mohammed VI, who supervises the national program for the development of renewable energy, chaired on Monday in Tangier a working session devoted to the energy sector in general and […]
The Moroccan parliament officially passed a law that changed the name of the Moroccan Agency for Solar Energy (MASEN) into the Moroccan Agency for Sustainable Energy and tasked it with the development of solar, wind and hydraulic energies along with any other source of renewable energies. The law is in line with Morocco’s commitment to […]
The European Bank for Reconstruction & Development has stepped up its financial support to Morocco’s public and private institutions in a bid to boost the North African country’s economic growth. The European Bank has increased its support to Morocco’s renewable energy sector with a loan of up to € 35 million to the Office National […]