The KGAL-managed PtX Development Fund has granted €30 million to HydroJeel for its Moroccan hydrogen project. The project, known as the Jorf Hydrogen Platform, located in coastal Morocco, aims to produce 100,000 tonnes of green ammonia annually by the end of 2026, leading to a reduction of approximately 300,000 tonnes of CO2 emissions. KGAL, supported by the German Federal Ministry for Economic Cooperation and Development, is actively promoting the development of green hydrogen projects in developing and emerging economies. Thomas Engelmann, MD of the PtX Development Fund, praised the innovative concept of the Jorf Hydrogen Platform, emphasizing the mitigation of risks throughout the project's lifecycle. Florian Ziegler from KfW Bankengruppe highlighted the social and environmental considerations of the project as key factors in their decision to support it. Amine Houssaim, CEO of HydroJeel, expressed gratitude for the recognition of their expertise in green hydrogen solutions, furthering their commitment to sustainable energy practices and positioning Morocco as a leader in the regional green hydrogen sector.