Hydrogen green: Here are the investors selected for projects in the south

Hydrogen green: Here are the investors selected for projects in the south


Morocco has selected 5 national and global investors for the implementation of 6 projects in the area of green hydrogen in the three regions of the southern kingdom. This thursday, The Head of Government, Aziz Akhannouch Chaired, in Rabat, A Meeting of the Steering Committee Responsible for “The Morocco Offer” in this Sector of Emergence, During What and Global Investors Were Selected for the Realization of 6 Projects in the Three Region of the South of the South of the South of the South of Kingdom, at a cost of 319 Billion DH, in order to start negotiations with the selected parties of the department of the government manager.

These selected companies are leaders in this area in their respective countries. The consortium of investors “Ornx”, consisting of the American company “Ortus”, the Spanish company “Acciona” and the German company “Nordex”, which is invested in the production of ammoniac. The other investor consortium, which is composed of the Emirati company “Taqa” and the Spanish company “Cepsa”, will take care of the production of ammonia and industrial fuel. The Moroccan company “Nareva” will invest in the production of ammonia, industrial fuel and green steel. The same material should also be produced by the Saudi “ACWA Power”, while another consortium of investors from Chinese companies “UEG” and “China Three Gorges” should produce ammonia.

Note that the procedure for selecting projects as part of the “Morocco offer” with regard to green hydrogen remains open to investors. Morocco thus focuses on a balanced and sustainable “partnership” with these investors in order to achieve the signing of preliminary contracts for mobilizing the land plate intended for the implementation of these strategic projects for an upper limit of 30,000 ha per project. The state will ensure the contractual framework that binds it to the carriers of these projects in order to preserve and guarantee the proper use of the public property base. Note that these projects are added to those who have been completed during the last state visit to Emmanuel Macron in Morocco with total energies and engie.

During this meeting, Akhannouch remembered the royal guidelines, which were included in the throne speech of July 29, 2023, in which the sovereign had initiated the government to implement the fast and qualitative implementation of the Morocco coach in the area of green hydrogen “In order to improve the assets available for our country in this area and to react to projects that global investors are guided in this promising sector”.





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