Written by 11:58 am Economy

German company stands by Sahara investments, rejecting Polisario threats

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The German energy giant Siemens Energy has reaffirmed its commitment to continue investments in Moroccan Sahara, responding to questions raised by the NGO Western Sahara Resource Watch (WSRW) during the company’s  latest annual meeting.

The Siemens Energy board of directors said that the company will honor its contractual obligations in Morocco, abiding by the law.

“Siemens Energy and Siemens Gamesa will continue to fulfill their obligations under valid contracts in accordance with the law,” the company said.

The company further added that it  does not consider itself affected by EU-case law on the Sahara, and that it does not exclude the possibility that it will enter into further deals in the territory.

Currently, Siemens Energy has just one additional undertaking lined up in Morocco: supplying wind turbines for the 100 MW Tiskrad wind farm.

This marks the fifth wind farm in the region that will be furnished by a member of the broader Siemens family.

In fact, the extended Siemens network is involved in four out of the five wind farms already functioning in the Moroccan Sahara.

This decision comes after the Polisario threatened foreign companies operating in the Sahara, particularly those involved in green energy projects.

The separatist group contests Morocco’s right to exploit its Sahara’s resources and claims these projects don’t benefit the local population.

Siemens Gamesa previously faced pressure from the Polisario in 2021 when the WSRW NGO raised similar concerns at the company’s annual meeting.

Back then, Siemens Gamesa dismissed any negotiation with the Polisario, asserting Morocco as their sole interlocutor.

The German company holds a significant ongoing contract in Morocco to supply wind turbines for the 300-megawatt Boujdour wind farm.

This multi-billion dollar project ranks as one of Africa’s most significant renewable energy endeavors.

Siemens Gamesa’s renewed commitment to Moroccan Sahara signifies confidence in its investment climate and its renewable energy potential.

Morocco is expected to develop a 52% renewable energy production capacity by 2030, and wind farm projects like Boujdour will be crucial in achieving this goal.

This move sends a strong message to foreign investors, portraying Morocco as a stable and attractive country for renewable energy investments.

It’s worth noting that while Siemens Energy still owns Siemens Gamesa, they operate as separate entities with distinct areas of expertise within the energy sector.

Siemens Energy focuses on traditional and fossil fuel power generation, while Siemens Gamesa specializes in renewable energy and wind turbines.

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