MAD254bn Investment in Green Hydrogen and Ammonia Project in Dakhla
Key Ideas
- Dahamco and partners plan to invest MAD254bn in a green hydrogen and ammonia project in Dakhla.
- The project has obtained land rights and local authorisations, aiming to start production in 2031 with 1 Mt/year capacity.
- Hydrogen and ammonia will be exported for use in industry and maritime transport, mainly to the Netherlands and Belgium.
- Partners include TAQA Morocco, AP Moller Capital, and Moroccan companies Dahamco, Ornx Boujdour, and OCP Group.
Dahamco and its partners have announced ambitious plans to invest MAD254bn (US$25bn) in a large green hydrogen and ammonia project in Dakhla, Morocco. This project, which has already secured land rights and local authorisations, is set to kick off its first phase, valued at MAD40bn (US$4bn), with a production capacity close to 1 Mt/year by 2031. Following the initial phase, subsequent phases are planned to be executed every 4 to 5 years. The produced hydrogen and ammonia will be dedicated for export, primarily targeting the Amsterdam-Rotterdam-Antwerp area in the Netherlands and Belgium for application in industrial processes and maritime shipping. Key partners involved in this venture include TAQA Morocco, the Moroccan subsidiary of UAE's TAQA group, AP Moller Capital from Denmark, as well as Moroccan firms Dahamco, Ornx Boujdour, and OCP Group, a prominent phosphate producer. This significant investment signifies a major step towards establishing a sustainable energy infrastructure and fostering international partnerships for clean energy production and trade.