Chinese companies selected by Morocco for significant green hydrogen project

Morocco has selected two Chinese companies to participate alongside a consortium of international investors in the development of green hydrogen projects valued at 319 billion Moroccan dirhams (approximately $32.7 billion). This collaboration marks another significant step in the green partnership between the two nations.

Chinese companies selected by Morocco for significant green hydrogen project
Morocco has selected two Chinese firms to collaborate with a group of international investors on green hydrogen projects valued at 319 billion Moroccan dirhams, marking a significant step forward in green cooperation between the two nations.

Last week, the Moroccan government approved six projects aimed at development in three southern provinces, with each project set to utilize up to 30,000 hectares of land.

These initiatives, which focus on producing ammonia, steel, and industrial fuel, are integral to Morocco's comprehensive strategy for transitioning to green energy. Last year, the country introduced the "Morocco Offer," an initiative aimed at establishing Morocco as a global frontrunner in green hydrogen, designed to attract both domestic and international investors for large-scale green energy projects.

Among the five consortiums selected for the new projects, UEG and China Three Gorges will concentrate on ammonia production, while other participants include companies from Spain, Saudi Arabia, the U.S., Germany, and Morocco.

These projects are part of ongoing high-profile partnerships between China and Morocco. Earlier this year, the two nations inaugurated a joint green energy laboratory aimed at fostering research and innovation in the renewable sector. Additionally, Guoxuan High-tech announced its intention to build Africa's first electric vehicle battery mega factory in Morocco.

According to the Arab-China Institute for Economics and Policy, Morocco serves as an essential link in the Middle East and North Africa market, facilitating connections between Chinese companies and both European and African markets.

This strategy, which emphasizes low-cost production alongside high value-added exports, aligns well with the Belt and Road Initiative and represents a mutually beneficial approach for both parties, the organization noted in an article on its website.

As these initiatives progress, they are anticipated to promote sustainable development in Morocco and further enhance the global reputation of Chinese renewable energy technology, the organization added.

Max Fischer for TROIB News