Morocco has approved an ambitious $32.5 billion investment in green hydrogen projects as part of its push to cut industrial emissions and position itself as a key supplier to Europe. This landmark initiative will accelerate the production of green ammonia, steel, and fuel, reinforcing Morocco’s commitment to renewable energy and economic growth.
Several international energy giants have been selected to lead these transformative projects. U.S.-based Ortus, Spain’s Acciona, and Germany’s Nordex will focus on green ammonia production. UAE’s Taqa and Spain’s Cepsa will play a critical role in ammonia and fuel production. Saudi Arabia’s Acwa Power will spearhead the development of green steel, while Chinese firms UEG and China Three Gorges will collaborate on ammonia projects.
These strategic partnerships highlight Morocco’s growing appeal as a hub for renewable energy investment and its ability to attract global players to drive industrial sustainability.
Strategic land allocation & EU hydrogen ambitions
Each of the approved projects will receive up to 30,000 hectares of land upon signing preliminary agreements. This aligns with Morocco’s broader vision of becoming a leading exporter of renewable hydrogen, with a goal to supply 10 million tons to the European Union by 2030 in support of the European Green Deal.
Morocco’s Prime Minister’s office affirmed the government’s commitment to advancing the green hydrogen sector, stating that the investment will significantly contribute to the country’s renewable energy ambitions while strengthening trade ties with Europe.
Read also: Africa set to kickstart 41 Green Hydrogen Projects by 2030: Report by EIC
Morocco has steadily built a reputation as a renewable energy leader in Africa. In 2023, the country allocated 300,000 hectares for hydrogen projects powered by renewable energy sources. This led to key agreements, including a partnership between France’s TotalEnergies and the Moroccan government, as well as collaborations between Engie and Morocco’s OCP Group for green ammonia development.
Currently, renewables contribute 45% to Morocco’s energy mix, with a target to reach 52% by 2030. The newly approved green hydrogen projects are expected to play a pivotal role in achieving this milestone while reducing dependence on fossil fuels and enhancing energy security.
Morocco’s investment in green hydrogen not only advances its domestic energy transition but also sets an example for other African nations exploring sustainable industrial solutions. As Africa seeks to decarbonize its industries and strengthen clean energy exports, Morocco’s model offers valuable insights into policy direction, international partnerships, and large-scale project implementation. With global demand for green hydrogen on the rise, Morocco’s proactive approach positions it as a major player in the energy landscape, paving the way for a greener and more resilient future for Africa and beyond.
