Chinese company Aeolon, specializing in the production of next-generation wind turbine blades, announced the beginning of the construction works of its first overseas plant in Morocco’s Nador Industrial Acceleration Zone. The plant, requiring an initial investment of €220.8 million, will produce wind turbine blades for markets in Europe, Africa, and the Middle East. It is expected to have an annual production capacity of 600 sets of blades, Aeolon says in a press release. The stable economic climate, substantial foreign investments, and strong government support for new energy projects and industries further contribute to Aeolon’s growth. Once completed, the plant is poised to be a prominent wind turbine blade production facility in Europe, Africa, and the Middle East, meeting expanding demand in the regional wind power market.

Source: The North Africa Journal February 02, 2024 03:55 UTC