Morocco Approves Hydrogen Projects Worth $32.5 Billion

Morocco Approves Green Hydrogen Projects Worth $32.5 Billion

A Moroccan government committee has approved several green hydrogen projects aimed at producing ammonia, steel, and industrial fuels, with a total investment of 319 billion dirhams (approximately $32.5 billion).

In a statement issued Thursday evening, the Prime Minister’s office announced that the committee had selected a group of global companies to develop these projects. Among the chosen companies are U.S.-based Orttos, Spanish firm Acciona, and German company Nordex, which will focus on producing green ammonia. However, the statement did not provide details regarding timelines or sources of funding.

The approval also includes a joint project between UAE-based Taqa and Spain’s Cepsa for producing ammonia and fuel, alongside a plan by Morocco’s Nareva to produce ammonia, fuel, and steel. Additionally, Saudi Arabia’s ACWA Power will collaborate on steel production, while Chinese companies UEG and China Three Gorges will work together on ammonia production.

The statement noted that the Moroccan government will allocate up to 30,000 hectares of land to each project once preliminary agreements are signed.

Morocco’s Green Hydrogen Goals

The Moroccan government hopes that green hydrogen, which is produced through electrolysis of water using renewable energy, will help achieve its domestic energy goals while boosting exports to the European Union. In March of last year, Morocco announced plans to allocate 300,000 hectares in the initial phase for integrated projects, including renewable electricity generation and the conversion of green hydrogen into ammonia, methanol, and industrial fuel.

Morocco aims to have renewable energy sources account for 52% of its total installed energy capacity by 2030, up from 45% currently.

Sources:

• Moroccan Prime Minister’s Office
• Specialized Media Reports
• International News Agencies