Morocco: Acwa Power and Gotion Partner for 500 MW Wind Power Plant.

Morocco: Acwa Power and Gotion Power Morocco have signed an agreement to develop a 500 MW wind power plant and a 2,000 MWh storage system, supplying the Gotion electric vehicle battery plant, operational in 2026. This project, with an initial investment of $800 million, is part of Morocco’s energy transition strategy. According to Africa News … Read more

Saudi Arabia Commits $45 Billion Investment in Sub-Saharan Africa.

Riyadh: At the New Africa Summit held in Saudi Arabia, the Kingdom unveiled plans to invest $45 billion in sub-Saharan Africa over the next five years. This significant financial commitment is spearheaded by Minister of Finance Mohammed bin Abdullah Al-Jadaan. The initiative is set to focus on transforming infrastructure, energy, and innovation sectors, with the … Read more