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Iberdrola Secures €300 Million Loan from World Bank’s IFC for Renewable Projects in Fossil Fuel-Dependent Nations

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Iberdrola has entered into a loan agreement with the International Finance Corporation (IFC), the private sector investment arm of the World Bank, for €300 million, linked to ESG criteria, to support renewable energy projects in countries heavily reliant on fossil fuels, including Morocco, Poland, and Vietnam. The funds will primarily finance onshore wind energy projects […]

Morocco’s first carmaker Neo Motors plans IPO to expand into EV production

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Moroccan carmaker Neo Motors, which begins selling the nation’s first homegrown automobile this month, is targeting a listing on the kingdom’s main stock exchange to expand into electric-vehicle production. Neo, co-founded in 2017 by Morocco’s now-communications and culture minister, is initially assembling 3,000 units a year of its de-but vehicle — a three-door passenger model […]

World’s first off-road solar car ‘stella terra’ succeeds in cruising from morocco to the sahara

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22 students from Eindhoven University of Technology make up the group Solar Team Eindhoven, who created Stella Terra, the world’s first off-road solar car. In a recent 1,000-kilometer test drive, the team succeeded in driving their solar-powered car from Northern Morocco to the Sahara, traveling through dry riverbeds, forest areas, along steep mountain trails, and […]

Polish Green Capital plans a significant green hydrogen project in Dakhla, marking a major step in regional renewable energy initiatives

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In Short : Polish Green Capital, a renewable energy company, plans to initiate a significant green hydrogen project in Dakhla, Morocco. This venture signifies the growing global interest in green hydrogen as a clean energy solution. Green hydrogen is produced using renewable energy sources and holds great potential for decarbonizing various sectors, including transportation and […]

Xlinks’ Morocco-UK Power Project has been officially recognized as a Nationally Significant Infrastructure Project (NSIP), signifying its importance in energy infrastructure development between Morocco and the UK

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In Short : Xlinks’ ambitious Morocco-UK Power Project has been officially recognized as a National Significant Infrastructure Project (NSIP). This designation underscores the project’s strategic importance and potential impact on both countries. The Morocco-UK Power Project aims to connect renewable energy from Morocco’s solar and wind farms to the United Kingdom through subsea cables, fostering […]

The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are collaborating to promote the adoption of eco-friendly practices within Morocco’s pharmaceutical sector

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The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are collaborating to promote sustainability in Morocco’s pharmaceutical sector. This partnership underscores their commitment to greening the industry, reducing its environmental impact, and fostering sustainable practices. By supporting eco-friendly initiatives in the pharmaceutical sector, EBRD and the EU aim to contribute to […]

An international study underscores Morocco’s significant potential in the field of renewable energies

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An international study has emphasized Morocco’s substantial potential in renewable energy sources. This recognition underscores Morocco’s commitment to harnessing its renewable resources, such as solar and wind power. By capitalizing on its natural assets, Morocco can play a significant role in advancing clean energy initiatives, reducing carbon emissions, and contributing to a more sustainable global […]

Renewable Energy Potential and Development in Morocco – EQ Mag

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Morocco, a North African country with a population of over 36 million, has long been dependent on imported fossil fuels to meet its energy needs. However, in recent years, the country has made significant strides in harnessing its abundant renewable energy resources, particularly solar, wind, and hydropower. This shift towards clean energy has been driven […]

Greening the Desert: Solar Farms and Land Reclamation – EQ Mag

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Transforming Wastelands into Powerhouses: The Role of Solar Farms in Desert Land Reclamation Deserts, once considered barren wastelands, are now being transformed into powerhouses of renewable energy production, thanks to the rapid growth of solar farms. These large-scale solar installations are not only helping to meet the world’s ever-increasing energy demands in a sustainable manner […]

Concentrated Solar Power with Thermal Energy Storage – EQ Mag

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Exploring the Future of Concentrated Solar Power with Thermal Energy Storage: Innovations and Challenges Concentrated solar power (CSP) with thermal energy storage is an innovative and promising technology that has the potential to revolutionize the renewable energy sector. This technology harnesses the sun’s energy by using mirrors or lenses to concentrate sunlight onto a small […]