Morocco and TE H2 Sign Contract for Green Hydrogen Project
Key Ideas
- The agreement between Morocco and TE H2 aims to develop a 1 GW onshore solar and wind project in the Guelmim-Oued Noun region to produce green hydrogen and ammonia for the European market.
- TotalEnergies, EREN Group, and other partners will collaborate on this project, highlighting Morocco's renewable potential and contributing to its economic growth.
- The project is part of Morocco's energy transition and industrialization efforts, aiming to supply clean energy to Europe while supporting local job creation.
- Key figures from TotalEnergies, CIP, and A.P. Møller Capital expressed enthusiasm for the project and highlighted Morocco's strategic position in achieving global net zero targets.
Under the leadership of King Mohammed VI of Morocco and President Emmanuel Macron of France, the government of Morocco and TE H2, in partnership with TotalEnergies, EREN Group, CIP, and A.P. Møller Capital, signed a Preliminary Contract for Land Reservation for the 'Chbika' project. This initiative in the Guelmim-Oued Noun region will develop 1 GW of solar and wind capacities to produce green hydrogen and ammonia. TotalEnergies praised Morocco's renewable resources and its potential to become a significant energy partner for Europe. The project aims to support Morocco's energy transition, industrial growth, and job creation, aligning with European Green Deal objectives. Key stakeholders expressed confidence in the project's success and emphasized the importance of collaboration with local authorities and stakeholders. This milestone marks a significant step towards establishing Morocco as a key player in the green hydrogen industry and advancing sustainable energy production.
Topics
Power
Renewable Energy
Infrastructure
Sustainability
Investment
Energy Transition
Economic Development
Partnership
Employment
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