Morocco has approved six green hydrogen projects totaling $32.5 billion, involving national and international companies for producing ammonia, industrial fuels, and steel. Key collaborations include Ortus, Acciona, and Nordex for green ammonia. The government intends to allocate land and supports the goal of boosting energy exports to the EU.
The Moroccan government has officially approved six green hydrogen projects with a collective investment of $32.5 billion. This initiative includes collaborations among various international and national companies, focusing on the production of ammonia, industrial fuels, and steel, as reported by The North Africa Post.
Among the key partnerships are the American company Ortus, Spain’s Acciona, and Germany’s Nordex, which will work together to produce green ammonia. Additionally, Morocco’s Nareva has submitted proposals for producing ammonia, industrial fuel, and green steel, while Saudi Arabia’s Acwa Power intends to engage in steel production.
Following the signing of preliminary agreements, the Moroccan government will allocate up to 30,000 hectares of land for each project. However, specific details regarding the implementation timeline and sources of funding for these initiatives have yet to be disclosed.
The Moroccan authorities aim to leverage green hydrogen to fulfill domestic energy objectives and bolster exports to the European Union. The selection procedure for prospective projects under this initiative remains open to potential investors. Additionally, it is noteworthy that Sweden’s Hybrit has recently completed a pilot hydrogen storage project, demonstrating significant technical advancements for industrial-scale hydrogen storage in fossil-free metallurgy production.
In conclusion, Morocco’s commitment to green hydrogen projects represents a significant milestone in its energy agenda, with $32.5 billion earmarked for six initiatives. The collaborative efforts among international firms indicate a robust approach towards sustainable production. Furthermore, the government’s strategy is poised to enhance both domestic energy independence and export capabilities to the EU, while also keeping avenues open for further investor participation.
Original Source: gmk.center
