Wednesday, May 29, 2024
Energy Transition Outlook Report 2023
HomeRenewablesenergy consumptionMajor investment fuels Morocco – UK power link

Major investment fuels Morocco – UK power link

Energy company GE Vernova has invested $10.2 million (£8.1m) in the Morocco – UK Power Project, aiming to accelerate its delivery.

The project seeks to provide renewable energy to power approximately seven million British homes, contributing nearly 8% of Britain’s domestic electricity needs within a decade.

Upon completion, the project’s wind and solar generation, along with flexible battery storage, are expected to supply 3.6 gigawatts (GW) of clean power, satisfying around 8% of Britain’s current electricity demands.

The construction of wind and solar generation facilities, along with battery storage, in southern Morocco will be interconnected to Britain via 4,000 kilometres of high-voltage direct current (HVDC) sub-sea cables, facilitating electricity transmission.

GE Vernova has joined other investors such as TAQA, TotalEnergies, Octopus Energy, and AFC.

James Humfrey, CEO Xlinks First Ltd, said: “Xlinks is committed to meeting the UK’s need for reliable, affordable, zero-carbon energy while maximising the socio-economic benefits of the Project in Morocco.”

Energy Live News
Energy Live Newshttps://www.energylivenews.com
This article first appeared on Energy Live News, an award winning news service. Their mission is to give you balanced news, analysis, commentary of energy from their dedicated team of quality journalists and production staff.
RELATED ARTICLES
- Advertisment -
Energy Jobline LinkedIn

Most Popular

Recent Comments