First Independent Mena Newspaper
The UK government has declined to enter formal negotiations for a long-term green electricity purchase agreement with Xlinks, the company behind a proposed £20 billion subsea power cable linking Morocco to the UK. The decision, confirmed earlier this month, effectively rules out a 25-year Contract for Difference (CfD) that Xlinks had sought to secure financing […]
American company GE Gernova has decided to join the Xlinks Morocco-UK power project with a $10.2 million investment injected in this ambitious project expected to produce affordable and clean energy. Once complete, the Project’s wind and solar generation, combined with flexible battery storage, is expected to supply 3.6 gigawatts (GW) and deliver approximately 8% of […]
Xlinks First Ltd. has confirmed the news reports announcing a $14.1 million investment of Africa Finance Corporation (AFC), the leading multilateral financial institution, in the Morocco-UK Power Project expected to provide affordable, reliable, clean energy from Morocco to Britain within a decade. The support of AFC of Xlinks project shows the trust Morocco enjoys on […]
Xlinks, which plans to export renewable energy from Morocco to the UK, said it is also assessing feasibility of other links with markets including Germany. This came in a statement in response to a Bloomberg article claiming the British company is abandoning the UK for the German market. “Xlinks was founded to promote the development […]
Xlinks said it has appointed James Humphery as its new CEO to lead the Xlinks Morocco – UK Power Project, as the company grows in activity and scope. “With the anticipated growth of Xlinks’ portfolio, the Xlinks Morocco – UK Power Project, now requires a dedicated CEO as it continues to progress its mission to […]
The Xlinks Morocco-UK power project is gaining momentum as French oil giant TotalEnergies has injected £20 million in the ambitious green project, joining fellow investors Octopus Energy and Abu Dhabi National Energy Company (TAQA). The French supermajor has decided to back the Morocco-UK project after withdrawing from Algeria due to endless hurdles to investors and […]
UK start-up Xlinks has chosen Canadian engineering consulting firm WSP to provide technical advisory services for the tendering process for four HVDC converter stations and ancillary works for the Morocco-UK Power Project. WSP will support the procurement process for converter stations in the UK and Morocco, UK grid connection works, connection to the generation assets […]