The project is set to become operational by the end of the decade and could supply seven millions UK homes with clean power for an average of 20 hours a day by 2030, satisfying around eight percent of the country’s electricity needs.
Speaking on the new deal with the German firm, Simon Morrish, CEO of Xlinks, said: “We look forward to partnering with con|energy, who bring their sustainability-led, solutions-driven approach to the energy world. Their investment in us demonstrates the growing confidence the markets and our industry have in the project and the benefits it will bring.”
The entire project is expected to take four years to produce, costing around £16billion, half of which is for constructing the cable. Morocco has become one of the dominant players in the solar industry, capitalising on its geography as it has one of the highest rates of solar insolation – or power per unit area – on the planet.
Xlinks also argues that Morocco also benefits from ideal the solar and wind resources needed to develop renewable projects that could guarantee power production year-round. This could help out the UK when the sun doesn’t shine and wind does not blow, an issue typically arises in Britain that threatens to make its green energy output lower. But thanks to the four huge cables that will link Morocco to the UK, it may not need to rely on ideal weather conditions for cheap clean, energy any longer.
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Article source: https://www.express.co.uk/news/science/1698326/energy-crisis-xlinks-uk-morocco-conenergy-renewables