Morocco engages Chinese companies for significant green hydrogen initiative
Morocco has selected two Chinese companies to collaborate with a consortium of international investors on green hydrogen projects valued at 319 billion Moroccan dirhams (approximately $32.7 billion). This decision marks a significant advancement in the green cooperation between Morocco and China.
TroibNews 
Morocco has engaged two Chinese companies to partner with a group of international investors in the development of green hydrogen projects valued at 319 billion Moroccan dirhams, marking a significant step in the green cooperation between the two nations.
Last week, the Moroccan government sanctioned six projects designated for three southern provinces, with each initiative allotted up to 30,000 hectares.
These projects, which aim to produce ammonia, steel, and industrial fuel, form part of Morocco's larger ambition to transition to green energy. Last year, the country introduced the "Morocco Offer," an initiative aimed at establishing itself as a global leader in green hydrogen and enticing both national and international investors to launch large-scale green energy endeavors in Morocco.
Among the five consortiums selected for these new initiatives, UEG and China Three Gorges—which make up the Chinese consortium—will concentrate on ammonia production. The remaining companies involved hail from Spain, Saudi Arabia, the U.S., Germany, and Morocco.
These endeavors build upon a series of prominent collaborations between China and Morocco. Earlier this year, the two nations initiated a joint green energy laboratory to enhance research and innovation in the renewable sector, while Guoxuan High-tech unveiled plans to establish Africa's first electric vehicle battery mega factory in Morocco.
Morocco's strategic position as a vital link in the Middle East and North Africa market allows Chinese companies to connect with both European and African markets, according to the Arab-China Institute for Economics and Policy.
This strategy, which emphasizes low-cost production combined with high value-added exports, aligns perfectly with the Belt and Road Initiative and represents a mutually beneficial opportunity for both parties, as noted by the organization in a recent article on its website.
As these projects progress, they are expected to promote sustainable development in Morocco and enhance the international reputation of Chinese renewable energy technologies, the institute stated.
Allen M Lee for TROIB News
Last week, the Moroccan government sanctioned six projects designated for three southern provinces, with each initiative allotted up to 30,000 hectares.
These projects, which aim to produce ammonia, steel, and industrial fuel, form part of Morocco's larger ambition to transition to green energy. Last year, the country introduced the "Morocco Offer," an initiative aimed at establishing itself as a global leader in green hydrogen and enticing both national and international investors to launch large-scale green energy endeavors in Morocco.
Among the five consortiums selected for these new initiatives, UEG and China Three Gorges—which make up the Chinese consortium—will concentrate on ammonia production. The remaining companies involved hail from Spain, Saudi Arabia, the U.S., Germany, and Morocco.
These endeavors build upon a series of prominent collaborations between China and Morocco. Earlier this year, the two nations initiated a joint green energy laboratory to enhance research and innovation in the renewable sector, while Guoxuan High-tech unveiled plans to establish Africa's first electric vehicle battery mega factory in Morocco.
Morocco's strategic position as a vital link in the Middle East and North Africa market allows Chinese companies to connect with both European and African markets, according to the Arab-China Institute for Economics and Policy.
This strategy, which emphasizes low-cost production combined with high value-added exports, aligns perfectly with the Belt and Road Initiative and represents a mutually beneficial opportunity for both parties, as noted by the organization in a recent article on its website.
As these projects progress, they are expected to promote sustainable development in Morocco and enhance the international reputation of Chinese renewable energy technologies, the institute stated.
Allen M Lee for TROIB News
