April 20, 2024
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RENEWABLE ENERGY

Morocco to Allocate One Million Hectares to Green Hydrogen Projects

On Monday, the Moroccan government announced plans to attract investments in green hydrogen by earmarking one million hectares of public land for projects.

In the initial phase of project development, Morocco intends to allocate a total of 300,000 hectares of land to investors, offering plots ranging from 10,000 to 30,000 hectares tailored to the scale of proposed projects.

The initiative aims to propel green hydrogen development through competitive infrastructure built to international standards. The country also pledges incentives and support measures for project developers.

Morocco sees itself as a potential global leader in energy transition, buoyed by its abundant year-round sunlight, which has made it a significant solar power producer. Its proximity to the European Union, which has set ambitious clean energy and emission reduction targets, positions Morocco as a key clean energy supplier to Europe.

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With aspirations to generate 52% of its electricity from renewables by 2030, Morocco presents an enticing energy partnership opportunity. The nation, according to Africa News Energy, boasts the world’s largest concentrated solar project, the Noor Ouarzazate Solar Complex, with a capacity exceeding 500 megawatts.

Now, Morocco aims to attract investments in green hydrogen production, leveraging renewable energy sources for electrolysis, the process of splitting water to produce hydrogen.

Despite optimism surrounding hydrogen’s potential for rapid decarbonization, analysts caution that high production costs hinder widespread adoption. Even staunch advocates like the International Energy Agency acknowledge the necessity of substantial cost reductions for clean hydrogen to become a cornerstone of the global energy transition.

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