Xlinks First has announced a $14.1 million investment from Africa Finance Corporation (AFC) to further the development of Xlinks’ UK-Morocco Power Project.
The developer of a £16 billion ($20.6 billion) project to export renewable power from Morocco has added an option that could transmit the electricity to Germany instead of the UK.
Xlinks First Ltd. has appointed a new chief executive officer to lead its ambitious plan to transmit electricity from a solar and wind power plant in Morocco to the UK via a subsea cable,
Political chaos has derailed plans to power the UK grid with a huge buildout of solar and wind power in Morocco, as its developers struggle to secure backing from government.
