Octopus invests in Morocco-UK power project Xlinks as it signs strategic partnership
Octopus Energy Group has entered a financial and strategic partnership with Xlinks, the company behind a project to link the UK with solar power in Morocco.
Octopus Energy Group has entered a financial and strategic partnership with Xlinks, the company behind a project to link the UK with solar power in Morocco.
Xlinks’ planned link between solar and wind in Morocco and the UK is an “overwhelmingly compelling solution” to the UK’s need for baseload power, according to CEO Simon Morrish.
New solar and wind under development in Morocco is to be linked with Britain, with developer Xlinks also seeking to develop a cable manufacturing industry.