Morocco is gearing up to become a key player in the green hydrogen space with the selection of five groups, including Acwa Power and Taqa, to develop industrial plants focused on green hydrogen production in the country. These projects, estimated to require investments of up to $32.9bn, aim to position Morocco as a global leader in sustainable energy by concentrating on the production of green ammonia, industrial fuels, and steel. The chosen groups, such as the ORNX Consortium and a collaboration between Taqa and Cepsa Alliance, are set to build green ammonia plants and facilities for industrial fuels and steel production. Leveraging the optimal conditions of Morocco's desert regions for solar and wind energy, the projects will utilize the electrolysis process to produce green hydrogen, which can then be converted into derivative fuels or used in heavy industries like steel production. This initiative aligns with Morocco's broader strategy to decarbonize its economy and make the most of its renewable energy potential. Acwa Power's involvement in these green hydrogen projects adds to its portfolio in the Middle East and North Africa region, furthering the region's sustainable energy goals. The projects underline a significant shift towards green hydrogen in Morocco, with several other large-scale projects in the pipeline by various international companies like OCP, CWP Global, and TotalEnergies H2. These developments signify a step forward in Morocco's journey towards sustainable energy leadership and economic growth through strategic green hydrogen investments.