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Home - Policy - Morocco approves $ 32.5 billion in green hydrogen projects – PV Magazine International
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Morocco approves $ 32.5 billion in green hydrogen projects – PV Magazine International

solarenergyBy solarenergyMarch 7, 2025No Comments3 Mins Read
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The Moroccan government has approved six projects by a series of foreign companies, while the second auction of the European hydrogen bank for renewable hydrogen production has attracted 61 bids of projects in 11 countries.

March 7, 2025
Sergio Matalucci

A Moroccan government Commission approved six green hydrogen projects with a reported value of up to 319 billion ($ 32.5 billion). “The Compotes Are Leading Companies In The Field of Green Hydrogen In Their Countries, Namely The Investor Alliance Ornx Consisting of the Companies Ortus From The United States of America, Acciona From Spain, And Nordex From Germonia, In The Production of Ammonia, Which Investion of Ammonia of the emirati companies taqa and the spanish cepsa, to produce ammonia and synthetic fuel, and the moroccan company Nareva, which will produce ammonia, synthetic fuel and green steel, ” said the national government. “In the meantime, the Saudi company ACWA Power is planning to invest in the production of Ammonia, that is the same material that is planning a different investment alliance consisting of two Chinese companies, UEG and China Three Gorges.” Morocco said it will offer every project up to 30,000 hectares of land.

The European Hydrogen BankThe second auction for renewable hydrogen production has attracted 61 bids of projects in 11 countries. The European Commission said that eight bids were submitted under the dedicated maritime subject by hydrogen producers with off-branches in the maritime sector. “The total requested subsidy support is more than € 4.8 billion ($ 5.2 billion), four times the available budget of € 1.2 billion provided by the Innovation Fund. All bids taken Together are good for a total electrolyzing capacity of around 6.3 GWE, ” said the committee.

See also  BP Slashes Renewables Investment, is looking for New Lightsource BP Partner - PV Magazine International

Tata Motors has driven the very first tests of heavy trucks with hydrogen. The Indian Ministry of New and Renewable Energy has awarded Tata Motors the tender for this test. “It marks an important step forward in assessing the Real-World commercial viability of the use of hydrogen-driven vehicles for long-distance drainage and setting The required activating infrastructure for their seamless operation, ” said India’s largest manufacturer of commercial vehicles. The trucks, equipped with New Age Hydrogen Internal Combustion engines (H2-Ice) and Fuel Cell (H2-FCEV) technologies, have an operational range of 300 km to 500 km.

BP has canceled its large-scale Hygreen Teesside project in northeastern England. “Like last week, we explained in our strategy -reset announcement, in hydrogen and carbon collection, BP focuses on high-grade projects and gives priority to 5-7 projects for this decade. In the UK, Our focus is on the Important projects in Tesside, such as NZT Power, Fake and Also H2Teesside. That is why we have no longer continued with our plans to develop Hygreen, “said a company spokesperson.

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