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World Bank backs Morocco hydropower storage with $265m

congodailynews.comJuly 3, 2026July 4, 2026
RABAT, MOROCCO / MENA Newswire / – The World Bank has approved $265 million to support Morocco’s Ifahsa Pumped Hydropower Storage Project, a 300-megawatt clean energy facility planned for the country’s north. The financing backs...
$265 million financing300 MW storage plantAfrican Development BankAhmadou Moustapha Ndiayecarbon emissionsChefchaouenclean energyClean Technology Fundcontent syndication servicescryptowireenergy infrastructureenergy storageEuroWirefossil fuel reductiongrid flexibilityhydropower storageIBRDIfahsa projectIfahsa Pumped Hydropower Storage ProjectInternational Bank for Reconstruction and DevelopmentLivable Planet Fundlong-duration storageMENA NewswiremoroccoMorocco renewable energynational electricity gridOffice National de l’Électricité et de l’Eau potableONEEpumped hydropower storagerenewable energysolar powerwind powerWorld Bank
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