Back to the complete issue
Thursday, 8 June 2023

Spanish delegation lands in Morocco to boost renewable cooperation

Spain, Morocco seek to boost partnerships on renewables and more: Spain’s Secretary of State for Trade Xiana Mendez and a delegation of 58 Spanish companies are in Casablanca for a three-day visit intended to boost local partnerships between Moroccan and Spanish companies, Moroccan World News reports. The delegation will discuss partnerships in renewable energy, water management, environment, transport infrastructure and more. The visit will conclude today, following the end of a B2B dedicated day with 130 meetings scheduled.

What was on the agenda? The opening event — attended by Morocco’s Minister of Trade Ryad Mezzour, Spain’s Ambassador to Morocco Ricardo Diez-Hochleitner, and the President of the General Confederation of Moroccan Entreprises — was preceded by two panel discussions on existing investment opportunities in Morocco and the tools available for companies to finance those opportunities. Subsequent meetings also discussed avenues to promote relations between local stakeholders, and featured workshops on renewable energy and education.

REMEMBER- Earlier this year Spain and Morocco signed 19 MoUs, including renewable energy and water management agreements, and extended a credit line worth up to EUR 800 mn “to promote investments in sectors such as railways, water, agri-food, and tourism.”

ALSO WORTH NOTING-

  • US Secretary of State Antony Blinken met with Saudi Crown Prince Mohammed bin Salman in Riyadh to discuss increasing cooperation in clean energy and tech. (CNN)
  • Argentina has expressed interest in cooperating with Egypt on renewable energy. (Statement)

Enterprise Climate is available without charge thanks to the generous support of HSBC (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; and Infinity Power (tax ID: 305-170-682), the leading generator and distributor of renewable energy in Africa and the Middle East. Enterprise Climate is delivered Mon-Thurs before 4 am UAE time. Were you forwarded this copy? Sign up for your own delivery at climate.enterprise.press. Contact us on climate@enterprisemea.com.