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Engie sells its stake in coal in Morocco and turns to renewable energy

April 28, 2024

The regional director of the French energy company Engie in North Africa, Loic Geigert Huber, said that the company decided to abandon coal completely by 2027, by selling its share to the Safi plant in Morocco. This decision came within the framework of the company’s move towards focusing on renewable energy. .

Engie owns a 33% stake in Safi, which has a capacity of 1,386 megawatts, in addition to having already received offers from several buyers to buy its share.

In conjunction with the sale of its coal stake, Engie seeks to transform Safi into a green ammonia production plant. With the aim of reducing carbon emissions.

ENGIE is a major player in the field of renewable energy in Morocco. It operates a 300 MW wind farm in the city of Tarfaya, which is the largest wind farm in the country.

It is also working to establish a water desalination plant in the city of Dakhla in Western Sahara, in addition to a wind farm in the same area to provide the energy necessary to operate the plant, in cooperation with the Moroccan company Nareva, which specializes in renewable energy.

The wind farm is expected to be completed next year, with the desalination plant operational a few months later.

The station aims to provide 90% of the irrigation needs in the region, while the remaining 10% will be directed to meeting the drinking water needs of the city of Dakhla.