GE Vernova and the Africa Finance Corporation (AFC) recently invested $24.3 million dollars in the undersea cable Morocco-UK Power Project. The strike price typically refers to the price at which a renewable energy project will sell its generated electricity to a government or utility company. “The increase in the Xlinks’ guidance on the Morocco-UK Power Project strike price is broadly in line with what we are seeing in CfD estimations. Morocco-UK subsea cables energy project secures early development fundingMorocco-UK project to supply clean energy to millions of him in BritainXlinks said previously that once completed, the Project’s wind and solar generation, combined with flexible battery storage, is expected to supply 3.6GW of clean energy to the UK. “Xlinks’ Morocco-UK Power Project exemplifies this pivotal role, showcasing Africa’s capability to fuel Europe’s shift to sustainable energy while simultaneously addressing urgent climate challenges.
