African Development Bank approves €100 million loan to Gotion Power Morocco for LFP gigafactory
The Rabat-Salé-Kénitra plant is expected to produce 10 GWh in its first phase, with plans to expand capacity to 100 GWh
The African Development Bank approved a €100 million loan to Gotion Power Morocco for Africa’s first integrated lithium iron phosphate (LFP) battery gigafactory, the bank said.
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