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Mena Weekly Roundup: Morocco, UAE Sign $14 Billion Deal to Boost Renewables

Here are some noteworthy cleantech news and announcements from around the Middle East and North Africa region this week

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Morocco and the United Arab Emirates have signed a $14 billion investment agreement focusing on renewable energy, water security, and advanced infrastructure. The agreement’s key stakeholders include Morocco’s ONEE, the Mohammed VI Investment Fund, TAQA Morocco (part of Abu Dhabi’s TAQA Group), and Nareva. The agreement comprises a 1,400-km high-voltage direct current transmission line to link Dakhla in the south with Casablanca and major northern cities. It will transmit up to 3,000 MW of renewable energy from 1,200 MW of new solar and wind projects. The agreement also includes four major desalination plants, with capacities of 50 million m³/year in Tanger, 300 million m³ in Nador, 350 million m³ in Tiznit, and one plant in Tan-Tan to support the southern regions.

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