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Morocco Approves $32.5 Billion in Green Hydrogen Projects to Cut Industrial Emissions

Morocco Approves $32.5 Billion in Green Hydrogen Projects to Cut Industrial Emissions

Morocco Approves $32.5 Billion in Green Hydrogen Projects to Cut Industrial Emission
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  • Morocco greenlights $32.5B in green hydrogen projects to drive ammonia, steel, and fuel production.
  • Global energy giants, including Ortus, Acciona, and Acwa Power, will spearhead the initiative.
  • The country aims to boost renewable energy capacity to 52% by 2030 and position itself as a key EU hydrogen supplier.

Morocco’s government committee has approved major green hydrogen projects valued at 319 billion dirhams ($32.5 billion), aligning with its push for renewable energy dominance and European export goals.

Who’s Involved

The government has selected U.S.-based Ortus, Spain’s Acciona, and Germany’s Nordex to lead green ammonia production. Meanwhile, UAE’s Taqa and Spain’s Cepsa will focus on ammonia and fuel. Saudi Arabia’s Acwa Power will produce green steel, and Chinese firms UEG and China Three Gorges will collaborate on ammonia production.

RELATED ARTICLE: Schroders Greencoat Wins UK Govt Contracts for 3 Green Hydrogen Projects

Land Allocation & Strategic Goals

Each project will receive up to 30,000 hectares of land upon signing preliminary agreements. This initiative aligns with Morocco’s broader ambition to supply 10 million tons of renewable hydrogen to the EU by 2030, in line with the European Green Deal.

Morocco’s investment in green hydrogen will help meet domestic energy goals and boost exports to Europe,” the prime minister’s office stated.

Past Investments & Future Targets

Morocco launched an earlier phase in 2023, allocating 300,000 hectares for renewable energy-driven hydrogen projects. In October, France’s TotalEnergies signed an agreement with the government, while Engie and Morocco’s OCP partnered to develop green ammonia.

Currently, renewables account for 45% of Morocco’s energy mix, with a target to reach 52% by 2030.

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