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Tuesday, 2 May 2023

UAE and Morocco talk renewables investments. PLUS: Algeria explores cooperation with Zimbabwe on renewable energy and mining

UAE, Morocco talk renewables cooperation: UAE Economy Minister Abdullah bin Touq Al Marri and Moroccan counterpart Nadia Fattah Al Alawi discussed the importance of boosting mutual investments in renewable energy, AI, cybersecurity, and technology, Wam reports. Al Marri made the statements during a meeting in Rabat with several key Moroccan ministers and officials on the sidelines of the first session of the joint economic committee between the UAE and Morocco.

REMEMBER- Morocco has been emerging as a key renewables player in the MENA region. Last month, its ambitious UK-Morocco power cable got backing from the UAE and renewables investor Octopus Energy. The massive interconnection project saw the UK-based renewables developer Xlinks securing GBP 25 mn in funding from The Abu Dhabi National Energy Company (Taqa) and GBP 5 mn from Octopus Energy.


IN OTHER CLIMATE DIPLO NEWS- Algeria, Zimbabwe mull cooperation in renewables and mining: Algerian Energy Minister Mohammed Arkab and Zimbabwe Parliament Speaker Jacob Mudenda discussed potential investments in renewables and electricity production and transmission, according to a statement. They also discussed potential and investment opportunities in Algeria’s mining sector, the statement added.

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