The selection of national and global investors for the implementation of green hydrogen projects in Morocco heralds a “promising” dynamic, in accordance with the Vision of His Majesty King Mohammed VI in this area, said the Head of Government, Aziz Akhannouch, on Thursday in Rabat.
In a statement to the press following the meeting of the Steering Committee responsible for the Morocco Offer in the green hydrogen sector, Mr. Akhannouch affirmed that in line with the Royal vision aimed at bringing the Kingdom into the club of countries with high potential in this field, “the Morocco offer is being implemented in this sector.”
In this regard, five leading companies at the national and international levels have been selected, carrying six projects with an investment cost of 319 billion dirhams (billion MAD), with the aim of starting negotiations with them.
These investors, selected according to a transparent methodology meeting several criteria, come from friendly and brotherly countries, Mr. Akhannouch noted, adding that the planned investments will be made in the regions of Laâyoune-Sakia El Hamra, Dakhla-Oued Eddahab, and Guelmim-Oued Noun.
These six projects are in addition to the two others planned by the agreements signed before His Majesty King Mohammed VI, may God assist Him, and the French President, H.E. Emmanuel Macron, in October 2024 in Rabat. The first agreement concerns the implementation of the “Morocco offer” for the development of the green hydrogen sector, linking the Kingdom of Morocco to the “Total Energies” group, while the second concerns the joint development between the Office Chérifien des Phosphates and the company “ENGIE,” and includes five projects, one of which relates to the green hydrogen sector.