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Acwa and Gotion’s gigafactory deal could transform Morocco


Issue 516 - 18 Nov 2024 | 6 minute read

Saudi giant Acwa Power has agreed to supply electricity to Gotion High Tech Group’s planned Kenitra gigafactory in what will be Morocco’s biggest ever merchant power deal. The agreement could open the door to bigger and even more transformative developments and will restore Acwa’s position in Morocco, which has been eroded in recent years, writes Our Casablanca Correspondent.

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