Conenergy, new investor in Morocco’s renewable energy project

Morocco continues to make great strides in its commitment to renewable energies. And if it is doing so at such speed, it is largely because King Mohammed VI is the main supporter of this movement towards green energies. One of the many positive effects of this energy transition in the Alawi kingdom is the attraction of foreign investors who want to take advantage of this change to take part in various projects that make Morocco the leader in the MENA region (Middle East and North Africa) in terms of renewable energies.
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The Xlinks project being carried out by Morocco and the United Kingdom has a new investor that will contribute seven million dollars. This is the German-based company Conenergy, which will be part of the initiative that will bring green energy from Moroccan territory to the UK via a submarine cable. This is not a totally disruptive move, as the energy services company published a press release just a few days ago stating that Conenergy “is already investing in numerous infrastructure and sustainable energy supply projects”.
“Conenergy is thus the driving force behind the energy transition, heating and mobility,” the energy operator said. In response, Simon Morrish, CEO and founder of the company Xlinks, which is leading the project of the same name, believes that Conenergy’s investment “demonstrates the growing confidence of the markets and the industry in the project and the benefits it will bring”. The project aims to supply the UK with a capacity of 3.6 GW and a total generation capacity of up to 10 GW of wind and solar power that would be transmitted for an average of 20 hours per day.
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The importance of the arrival of Conenergy to the Xlinks project goes beyond the economic amount that the company will contribute. Its knowledge and experience in the sector is key to its entry into the initiative, as Morrish himself explained once Conenergy’s entry was made official: “We look forward to working with Conenergy as they bring their sustainability and solutions-focused approach to the world of energy”. He also welcomed founder and director Roman Dudenhausen and his entire team to the Xlinks family of investors.
The intention is for the 3,800-kilometer-long cable that will link the renewable energy platform in southern Morocco to the southwest of the UK to be operational by 2030. Importantly, this project is being led by Ground Control CEO Nigel Williams, who is responsible for installing the world’s longest subsea interconnector – it will be vastly surpassed by Xlink – the North Sea Link, which became operational on October 1, 2021 and links the UK to Norway via a 720-kilometer-long cable.
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The Xlink project represents a very important step forward for Morocco, which, over the course of this year, has launched several projects that bring it closer to the sustainable goal. Just two months ago, Rabat installed its first green hydrogen production system thanks to the joint initiative of the Research Institute for Solar Energy and New Energies (IRESEN) and the Mohammed VI Polytechnic University (UM6P). The basis of this project lies in the production of carbon-free hydrogen through an electrolyzer and solar photovoltaic panels, as well as the production of methane, ammonia and some green fuels.