International Heavyweights Line Up For Morocco Wind Tender
Recharge by Chris Hopson in London Five major consortia have submitted bids in Morocco’s 850MW wind power tender with final contract awards expected in early 2016, according to state electricity and water utility ONEE.
EBRD To Finance Private Renewables In Morocco, Egypt, Tunisia, Jordan
SeeNews Renewables The European Bank for Reconstruction and Development (EBRD) and two partners will offer USD 250 million (EUR 227.6m) in debt and equity funding for renewables projects by private firm in Morocco, Egypt, Tunisia and Jordan. The bank announced the...
India-Africa Summit: India & Morocco Are ‘Partners In Progress’
Economic Times Relations between India and Morocco go back to the 14th century. Over the years, India and Morocco have enjoyed cordial and friendly relations and bilateral relations have witnessed significant growth. In 2014, trade between the two countries stood at...
EBRD Sets $250 Million Plan To Spur Renewables Without Subsidy
Bloomberg Anna Hirtenstein The European Bank for Reconstruction and Development has set up a new $250 million program to develop subsidy-free renewables projects in Morocco, Jordan, Egypt and Tunisia. The initiative will enable clean energy generators to sell directly...
Solar Thermal Power Heats Up Outside the U.S.
MIT Technology Review By Richard Martin A new plant opening in Morocco signals the technology’s direction. Solar thermal plants like this one, at Crescent Dunes near Tonopah, Nevada, may be better suited for overseas markets rather than the United States. Next month,...
Morocco Telecom Prices Decline Further In Q3
Telecom paper Telecom service prices in Morocco continued to decrease in the third quarter, according to regulator ANRT. The average revenue per minute for mobile communications stood at MAD 0.28 at the end of September, down 15 percent on MAD 0.33 a year earlier. In...
Morocco Gets Five Bids In 850 MW Wind Fender
SeeNews Renewables by Mariyana Yaneva Moroccan electricity and water utility company ONEE has received final offers from all five consortia bidding in the 850 MW wind power tender, it said in a press release on Saturday. ONEE has proceeded with the public opening of...
Moroccan King Calls On Bouteflika To Form ‘Arab Maghreb Union’
Middle East Monitor Moroccan King Mohamed IV yesterday called on Algerian President Abdelaziz Bouteflika to form the Arab Maghreb Union, the Anadolu Agency reported. In a letter to Bouteflika sent on the occasion of 60th anniversary of the start of the liberation...
Wana Hopes To Expand Into Cote d’Ivoire
Telecompaper Moroccan telecom group Wana is among a number of telecom groups that have replied to the call for expressions of interest in Cote d'Ivoire's fourth mobile licence. Wana is 69 percent owned by Moroccan national investment company SNI and 31 percent by...
Kosmos Energy (KOS) Posts Earnings Results, Beats Expectations By $0.06 EPS
Dakota Financial News by Faye Duncan Kosmos Energy (NYSE:KOS) released its earnings results on Monday. The company reported $0.02 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.06, Marketbeat reports. The firm had revenue of...