Morocco Elevates Green Hydrogen Development with Major Investments
Key Ideas
  • Morocco selects five national and international investors for six green hydrogen projects in the southern regions, with a total investment of 319 billion dirhams.
  • Selected investors include prominent companies from the US, Spain, Germany, the UAE, and China, focusing on ammonia production, green steel, and industrial fuel.
  • The projects are part of Morocco's strategic initiative to accelerate green hydrogen development, leveraging the country's resources, infrastructure, and partnerships.
  • The selection process was transparent, emphasizing sustainable partnerships, and remains open for additional players interested in contributing.
Morocco has taken a significant step forward in the development of green hydrogen by selecting five national and international investors for six projects in the country's southern regions. These projects, with a total investment of 319 billion dirhams, aim to boost green hydrogen production and related industries. The investors, including companies from the US, Spain, Germany, the UAE, and China, will focus on various aspects such as ammonia production, green steel, and industrial fuel. The government's decision was made during a meeting chaired by Prime Minister Aziz Akhannouch in Rabat. The projects are part of Morocco's larger strategy to accelerate the development of green hydrogen, leveraging the nation's strategic geographical position, abundant natural resources, and advanced infrastructure. The selection process of investors was rigorous and transparent, ensuring sustainable partnerships with the Kingdom. Additionally, the government has emphasized that the initiative remains open to other interested parties willing to contribute. This development follows previous agreements signed in 2024, highlighting Morocco's commitment to advancing green hydrogen technology and sustainable practices.
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