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IFC commits €100 million to OCP Group for 400MW Moroccan PV

October 11, 2023
The International Financing Corporation has signed a deal with Moroccan state-owned phosphate mining and fertiliser producer OCP Group to partially finance 400MW worth of solar PV.
Installation work at the Benban Solar Park in Egypt’s western desert. Image: United Nations Climate Change (UNFCCC)
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Is Transferring Power From North Africa to Europe a Viable Option?

October 2, 2023
As Europe is increasing its solar PV capacity to reach its goal in the REPowerEU plan, countries in the bloc are accelerating solar PV installation. But some EU countries also look at the solar potential in North Africa, as the region boasts better solar irradiance and longer sunshine hours.
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Morocco opens 400MW solar-plus-storage Noor Midelt III tender

August 10, 2023
The state-owned Moroccan Agency for Sustainable Energy (Masen) has opened the third tender of its solar-plus-storage Noor Midelt project.
Image: DEWA.
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MENA aims to become solar-powered green hydrogen hub

May 26, 2023
Jonathan Touriño Jacobo explores the challenges and opportunities for the region’s burgeoning green hydrogen sector.
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IFC, OCP Group to develop 202MWp solar PV portfolio in Morocco

April 13, 2023
The International Finance Corporation (IFC) and phosphate-based fertiliser producer OCP Group have partnered to develop 202MWp of solar PV projects in Morocco.
The Fekola project in Mali, West Africa, features a 30MW solar project. Image: B2Gold.

New initiative aims to scale up renewable energy manufacturing in Africa

January 23, 2023
A new initiative, the Africa Renewable Energy Manufacturing Initiative (AREMI), has been launched with the aim to scale up renewable energy manufacturing capabilities in Africa.
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The rise of solar-plus

September 19, 2022
The proliferation of solar requires PV projects to adapt to their grid surroundings, which increasingly entails connecting alongside adjacent technologies, be it energy storage, other renewables or green hydrogen. Amid the growing threat of curtailment, Jules Scully looks at the rise of the ‘solar-plus’ market and the financial models underpinning it.
Image: Endesa

Voltalia benefits from development, EPC unit performance in Q2

July 21, 2022
French renewables company Voltalia’s Q2 revenues were up 26% year-on-year to €111 million (US$113 million) as its project development, construction and equipment procurement segment continued to grow.
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Xlinks talks tech, infrastructure and energy strategy as multi-gigawatt hybrid solar export project takes shape

July 6, 2022
The company behind a renewables project that will feature 7GW of solar PV and 5GW / 20GWh of battery storage in Morocco is progressing with offshore surveying for four high-voltage direct current (HVDC) cables that will eventually connect the installation exclusively to the UK.
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MENA to add 50GW of utility-scale solar by 2030, report says

June 29, 2022
Arab-speaking countries in the MENA region have planned to increase utility-scale solar capacity by 49.5 GW by 2030, according to Global Energy Monitor.

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