November 9, 2026
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Business

World Bank backs Morocco hydropower storage with $265m

omandailynews.comJuly 3, 2026July 4, 2026
July 3, 2026July 4, 2026
The World Bank has approved $265 million to support Morocco’s Ifahsa Pumped Hydropower Storage Project, a 300-megawatt clean energy facility planned for the country’s north. The financing backs a major storage project designed to help Morocco add more renewable power...
$265 million financing300 MW storage plantAfrican Development BankAhmadou Moustapha Ndiayecarbon emissionsChefchaouenClean EnergyClean Technology Fundcontent syndication servicescryptowireenergy infrastructureenergy storageeurowirefossil fuel reductiongrid flexibilityhydropower storageIBRDIfahsa projectIfahsa Pumped Hydropower Storage ProjectInternational Bank for Reconstruction and DevelopmentLivable Planet Fundlong-duration storagemena newswiremoroccoMorocco renewable energynational electricity gridOffice National de l’Électricité et de l’Eau potableONEEpumped hydropower storagerenewable energysolar powerwind powerWorld Bank

Latest News

Abdullah bin Zayed and Tanzania’s Kombo discuss bilateral ties

omandailynews.comNovember 9, 2026

Samsung Electronics cash assets hit record 214.8 trillion won

omandailynews.comNovember 9, 2026

World food prices ease in October as sugar extends...

omandailynews.comNovember 7, 2026

WHO reports 67 yellow fever cases in nine African...

omandailynews.comNovember 7, 2026

Egypt reserves climb $151.6 million to record $57.5 billion

omandailynews.comNovember 6, 2026

Botswana diamond output rises 14% as economy shows recovery

omandailynews.comNovember 5, 2026

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