The interconnection between Morocco and Spain to import gas into the kingdom via the Maghreb-Europe gas pipeline (GME) in the reverse direction is running at full capacity. In seven months, Morocco has already imported 1,512 GWh of gas.
The Port Authority of the Bay of Algeciras (APBA) will accelerate this year the process of electrifying the berths in Algeciras and Tarifa to reduce gas emissions.
The electrolyzer specialist, the Belgian John Cockerill, has just signed an agreement with a Moroccan company to build one of the largest electrolyzer factories.
In a difficult context marked by the energy crisis and soaring prices, Morocco has stepped up its energy transition efforts. Thanks to its policy focused on private investment in the sector, the kingdom could reach its goal of 52% of electricity production capacity from renewable sources before 2030.
The project to build the Morocco/United Kingdom submarine cable is delayed by a year. The political instability of the European partner is at the origin of this delay.
The Spanish construction company Urbas has been ordered to pay a debt of 17.8 million euros in Morocco, as part of a procedure to buy the energy group Abengoa.
King Mohammed VI has given instructions to accelerate the implementation of the national roadmap for the production of green hydrogen and its derivatives. This was during the working meeting on renewable energies that he chaired on Tuesday at the royal palace in Rabat.
King Mohammed VI chaired on Tuesday at the Royal Cabinet in Rabat a working session on the progress of the renewable energy development program and the new prospects in this field.
Morocco is the ideal place for investors and will become the next energy hub. These are the words of Yossi Abu, CEO of NewMed Energy, an Israeli oil and gas exploration, development and production company that aspires to become a major player in the kingdom.
Morocco is the world number one in renewable energy according to the latest ranking of the biannual RECAI (Renewable Energy Country Attractiveness Index) report.
8th in the previous edition, Morocco ranks 7th in the 2023 edition of the Climate Change Performance Index ranking, thus gaining one place. It is therefore among the 10 most performing countries.
Conenergy, a German energy services specialist operator, announces investments in the Moroccan-British electrical project that would provide green energy from Morocco to the UK via the Xlinks marine cable.