Casablanca, Morocco — The OCP Group of Morocco and the Australian firm Innovx have revealed plans to establish a solar panel factory in Morocco, a project that aligns with the nation’s push for renewable energy. This announcement comes against the backdrop of ongoing trade negotiations between Morocco and the United States.
The proposed solar panel factory is a component of a larger framework agreement, co — signed by the US Secretary of State and Morocco’s foreign minister, which is intended to provide American companies with preferential access to minerals in the disputed territory. These discussions are part of broader efforts to finalize a new free-trade agreement.
Separately, the CEO of OCP North America, a branch of the OCP Group, has become a registered lobbyist for OCP Nutricrops in Washington. Concurrently, the Moroccan National Assembly has passed a bill proposed by MP Benoît Biteau that seeks to ban fertilizers containing cadmium, a measure widely seen as targeting the Moroccan phosphate giant, OCP.
The OCP Group and Innovx had initially envisioned a $13 billion venture focusing on green ammonia and hydrogen in southern Morocco. However, the partnership has been dissolved, opening the possibility for France’s Engie to engage in the project.
Both companies remain committed to the solar panel factory as a means to generate clean energy and foster economic development in Morocco, while also advancing technological capabilities within the country.
Source: AfricaIntelligence
