French President Macron's Visit Boosts Renewable Investment in Morocco
Key Ideas
  • French President Macron's visit to Morocco leads to announcements for significant renewables-related investments.
  • French major TotalEnergies to spearhead a project for 200,000 t/y of green ammonia production from 1GW of renewables in Morocco.
  • The project includes the development of 1GW of new onshore solar and wind capacity near Morocco’s Atlantic coast for green hydrogen production.
  • The initiative aims to produce green ammonia for the European market by electrolyzing desalinated seawater.
French President Emmanuel Macron's recent three-day visit to Morocco sparked a wave of announcements, particularly in the renewable energy sector. During the visit, French major TotalEnergies revealed plans to oversee the production of 200,000 tons per year of green ammonia using 1 gigawatt of renewable energy sources in Morocco. CEO Patrick Pouyanné signed an initial agreement for the 'Chbika' project, which involves establishing new solar and wind energy facilities in the Guelmim-Oued Noun region. The project aims to leverage the electrolysis of desalinated seawater to produce green hydrogen and further transform it into green ammonia, destined for the European market. This initiative signifies a significant step towards sustainable energy production and reducing carbon emissions in the region. The move aligns with Morocco's broader efforts to expand its renewable energy capacity and establish itself as a key player in the green energy sector. Overall, the visit and the subsequent announcements signal a positive trajectory for renewable investments in Morocco and highlight the country's commitment to embracing clean energy solutions.
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