Morocco is not among the major carbon emitters. This is what the Organization for Economic Co-operation and Development (OECD) indicated, through a new report on energy consumption and sustainable development in about fifteen emerging and developing economies.
Since January 14th, employees of the Schneider Electric plant in Lattes, near Montpellier, have been on strike. They are concerned about 80 threatened job cuts, while those at the Merlin Gerin site in Gard denounce relocations to Morocco.
The Polish giant of public lighting, LUG, is preparing to settle in Morocco . Its president, Ryszard Wtorkowski, received in audience this Friday, January 15 by Abderrahim Atmoun, the king’s ambassador to Poland, plans to sign a declaration of investment intent in the Southern Provinces of Morocco.
Prospects for cooperation in the energy sector were the subject of discussions between the Israeli Minister of Energy and his counterparts from the United Arab Emirates, Morocco, Sudan and Bahrain. A first since the normalization agreements of these four Arab countries with the Hebrew state.
A $100 million fund dedicated to Moroccan small businesses has been created by the United States. The initiative comes from the International Development Finance Corporation (DFC) in collaboration with SEAF Global.
Installed for three years in Tangier, the wind energy giant Siemens Gamesa announces the layoff of 10% of its staff. For the company’s management, this is a revitalization process to make the company more productive and efficient.
While several players abandoned assets in 2020, Chariot Oil & Gas has improved its positions, mainly in Morocco. It has just acquired a new exploration area called Rissana Offshore, the contract for which will be finalized in 2021.
The American startup Soluna Technologies and AM WIND plan to build a 900 MW wind farm in Dakhla, on an area of 11,313 hectares, to power servers dedicated to blockchain technologies. An initial investment of 15 billion dirhams will be dedicated to the project.
Morocco’s efforts in the climate field have been rewarded and praised in the 2021 Climate Performance Index report. The kingdom ranks 4th in terms of climate performance globally and 1st in Africa and the Arab world.
Reducing energy consumption by 20% by 2030 is the objective of the Moroccan plan for the development of renewable energies.
Morocco is now in the prestigious rank of countries working to reduce global warming, in accordance with the 2015 Paris Agreement (COP 21).
After electric power, solar and wind energy, Morocco wants to produce green hydrogen. To this end, the kingdom, in collaboration with a German institute, plans to set up a demonstration plant very soon.