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Sound Energy ( (GB:SOU) ) has issued an update.
Sound Energy has announced a joint venture with Gaia Energy Ltd. to develop up to 270 MW of photovoltaic solar power capacity in Morocco. This initiative aligns with Morocco’s goals to reduce fossil fuel dependency and expand its renewable energy infrastructure, potentially impacting the country’s energy landscape and supporting its hosting of major sporting events.
More about Sound Energy
Sound Energy is a transition energy company focused on renewable energy projects. The company is involved in the development of photovoltaic solar power projects in Morocco, aiming to leverage the country’s liberalised medium voltage grid to enhance its renewable energy capacity.
Average Trading Volume: 3,183,436
Technical Sentiment Signal: Sell
Current Market Cap: £14.04M
See more data about SOU stock on TipRanks’ Stock Analysis page.