Wind Power News: Morocco
These news and opinion items are gathered by National Wind Watch to help keep readers informed about developments related to industrial wind energy. They are the products of the organizations or individuals noted and do not necessarily reflect the opinions of National Wind Watch.
For all the revolutionary potential of bitcoin and other cryptocurrencies, the digital inventions are extremely bad news for the environment. At the end of 2017, when bitcoin mania was at its peak, the surge in processing power needed by computers for mining and transactions upped its estimated annual energy consumption to a staggering 30 terawatt hours – roughly the same energy use as the entire country of Morocco. A new blockchain company, Soluna Technologies, is building a huge 900-megawatt wind . . . Complete story »
Over the years, there has been a lot of controversy surrounding bitcoin mining due to the amount of electricity used in the mining process. To tackle this, Brookstone Partners, a New York-based private equity firm, announced that it will be raising capital for the construction of the first phase of a 900-megawatt wind farm for the purpose powering a data centre and to mine bitcoin. The planned wind farm which will be located in Dakhla, Morocco, which is located about . . . Complete story »
Ciments du Maroc (CAS:CMA), a unit of construction and building materials company Italcementi (BIT:IT), has decided to abandon its wind farm project at the Safi site. The company has decided to rethink its energy policy to reflect the growing number of renewable energy projects that are starting operation in the country, CEO Mario Bracci said. “Today, different opportunities exist and a number of supply contracts are being offered to us,” Bracci noted, adding that the Ciments du Maroc may, for . . . Complete story »