KGAL Investment Management and KfW have signed a deal to support a green hydrogen-based ammonia project in Morocco. The project, developed by Hydrojeel for OCP Group, is set to produce 100,000 tonnes of green ammonia annually by 2026 at the Jorf Industrial Park in Jorf-El Jadida. It will utilize renewable energy sources like wind and solar power to produce green hydrogen, which will then be converted into ammonia for fertiliser production. OCP Group plans to use the green ammonia initially for domestic fertiliser production and aims to increase production to one million tonnes by 2027 and three million by 2032 to reduce reliance on imported grey fertilisers. Thomas Engelmann, Managing Director of the PtX Development Fund, praised the project's risk mitigation strategies. The PtX Development Fund, with an initial funding of €270m, is supporting hydrogen projects in the Global South, with a second funding round closing in March 2025. This initiative aligns with efforts to promote sustainability and renewable energy in Morocco's industrial sector.