The initiative, which reinforces the commitment of both companies to the economic reactivation of mining areas, will boost industrialisation associated with the energy transition
This event, which will be held in Marrakech from 24 to 26 October, will also highlight the energy and production opportunities in the Moroccan energy sector
In recent years, the Kingdom has positioned itself as one of the pioneer nations in renewable energies, even emerging as a source of green energy for the European Union
The electricity company will use around 50 MW to cover 200 GWh of annual consumption of the German steelmaker Stahl Holding Saar (SHS) through the signing of a 15-year long-term power purchase agreement (PPA)
"Iberdrola supports this great technological change and we are already leading its application in different areas of the electricity sector", said the Chairman, Ignacio Sánchez Galán.
This hydroelectric infrastructure, owned by Iberdrola, has also been the setting for other important film productions such as 'Doctor Zhivago', 'Terminator' and 'The Cabin'