Iberdrola inaugurates 496-MW Saint-Brieuc wind farm offshore France
Sep 19, 2024 16:25 CESTThe government of Morocco will allocate one million hectares (2.5 million acres) of public lands for green hydrogen development as part of a new policy seeking to support the nation’s decarbonisation efforts and make it “a competitive player” in the global market.
The Morocco Offer programme was launched on Monday by Prime Minister Aziz Akhannouch with a commitment to cover the entire value chain of the green hydrogen industry. The plan envisages offering incentives to investors, specific details about which were not available in the press statement.
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The goal of the new scheme is to lure investments in the production of green hydrogen and its derivatives via electrolysis and renewable power, with the output to be supplied either to the domestic market or exported. Eligible schemes can also involve the conversion of green hydrogen into ammonia, methanol and synthetic fuels, as well as related logistic operations.
The first phase of the programme will make available some 300,000 hectares of land.
According to the statement, almost 100 domestic and international investors have expressed interest in producing green hydrogen in Morocco. The North African country, which has ample wind and solar power resources and aims to add 10 GW of renewables by 2030, envisages local annual hydrogen demand of 4 TWh and exports of 10 TWh by the end of the decade.
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