The Moroccan government has approved six green hydrogen projects worth $32.5 billion, involving national and international companies to produce ammonia, industrial fuels, and steel. Notable participants include Ortus, Acciona, and Nordex, with land allocation plans after preliminary agreements. The initiative aims to enhance domestic energy goals and EU exports, with ongoing opportunities for investor engagement.
The Moroccan government has authorized six green hydrogen projects, totaling an investment of $32.5 billion. These projects, supported by both national and international organizations, aim to produce ammonia, industrial fuels, and steel. Notably, companies such as the American Ortus, Spanish Acciona, and German Nordex will collectively work on green ammonia production.
Furthermore, Morocco’s Nareva intends to engage in the production of ammonia, industrial fuel, and green steel, while Saudi Arabia’s Acwa Power focuses on steel production. This initiative will provide each project with access to 30,000 hectares of land following the signing of preliminary agreements. However, specific details regarding project timelines and funding sources are yet to be disclosed.
The Moroccan authorities are optimistic that the development of green hydrogen will facilitate the achievement of domestic energy objectives and enhance export opportunities to the European Union. The selection procedure for engaging further investors remains open, indicating ongoing interest in expanding this sector.
In related developments, Sweden’s Hybrit, a collaboration involving steel manufacturer SSAB, mining firm LKAB, and energy supplier Vattenfall, has successfully completed a pilot hydrogen storage project. As reported to the Swedish Energy Agency, the project demonstrated the technical viability of hydrogen storage for sustainable metallurgical production at an industrial scale.
In conclusion, Morocco’s advancement in green hydrogen projects signifies a substantial commitment to enhancing its energy landscape and engaging in global energy markets. The selection of diverse international partnerships underlines the country’s strategy to utilize abundant land for major industrial initiatives. The potential economic and environmental benefits from these investments are promising, while the ongoing selection of investors suggests a proactive approach to achieving these ambitious goals.
Original Source: gmk.center
