Tuesday 7 January 2014

Morocco seeks Gulf investment for solar power in Western Sahara | The National

Morocco seeks Gulf investment for solar power in Western Sahara | The National:

"Morocco is likely to seek investment for new solar power plants from Arabian Gulf states, after tensions between the government and the regional independence movement the Polisario Front put European investment in the country’s disputed Western Sahara region at risk, according to Reuters.

The country’s solar energy agency announced plans for five plants in the Western Sahara in 2009, which it will seek to tender imminently.

The German development bank KFW, the European Investment Bank and the European Union, have all expressed reluctance to invest in the politically contested region, however."

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