Germany to back Morocco's first industrial green H2 plant with EUR 38m
Morocco's first pilot green hydrogen project. Image by Research Institute for Solar Energy and New Energies (IRESEN).
Germany will provide EUR 38 million (USD 38.08m) to support the construction of Africa's first industrial-scale green hydrogen plant in Morocco.
The financing was agreed during negotiations between government officials of the two countries that were held in Berlin last week.
With it, Germany aims to support green value creation in Morocco through the development of a green hydrogen economy, the Federal Ministry for Economic Cooperation and Development said last week.
The amount is part of a broader financial commitment of around EUR 243 million that will be extended for the development of the cooperation between the two countries.
Morocco, which is seeking to position itself as a hydrogen producer and exporter to Europe, completed its first pilot green hydrogen project in September. The project includes a 20-kW electrolyser powered by solar panels and envisages also the production of green ammonia. The project was developed by Morocco’s Research Institute for Solar Energy and New Energies (IRESEN).
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