Germany to back Morocco's first industrial green H2 plant with EUR 38m

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.

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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).

(EUR 1 = USD 1.002)