The Conenergy, a Germany-based investor in the European energy industry, has entered into a financial and strategic partnership with Xlinks Morocco-UK Power Project with a multi-million-pound investment.
The link is expected to offer an exclusive supply of renewable energy to the UK from Morocco.
Commenting on this partnership, CEO of Xlinks Simon Morrish said “we look forward to partnering with Conenergy, who bring their sustainability-led, solutions-driven approach to the energy world,” according to Offshore Energy platform.
The Morocco-UK Power Project is a multi-technology renewable energy project of approximately 10.5 GW of generation capacity to be constructed in Morocco.
It will combine solar and wind generation assets coupled with energy storage, connected exclusively to the UK through dedicated 3,800-kilometer HVDC subsea cables with a combined capacity of 3.6 GW at the receiving end.