Falcon Capital Dakhla, based in Morocco, and the French hydrogen energy promoter Hydrogene de France SA (EPA:HDF) have collaborated to actively co-develop an 8-GW green hydrogen production initiative in Morocco. This project is supported by 17 GW of renewable energy capacity in the North African country.
The initial investment in the massive proposal is estimated at some USD 2 billion (EUR 1.84 bn). It will create a hub where “some of the world’s cheapest green hydrogen“ will be produced, HDF Energy said.
Dubbed White Dunes, the project is led by Falcon Capital, which is targeting to kick off production by 2028. Its massive plan envisages the installation of electrolysers in the Dakhla region of southern Morocco, to be powered by 10 GW of wind and 7 GW of solar photovoltaic (PV) power. The complex will span across 150,000 hectares (370,700 acres).
„The collaboration with Falcon Capital Dakhla represents the perfect synergy between two complementary entities, enabling the production of some of the world’s most competitive green hydrogen in Morocco,“ said Damien Havard, CEO of HDF Energy.
Almost two years have been devoted to conducting feasibility studies, preliminary project design, and phased planning for the project, according to the statement.
With the objective of obtaining a minimum of 52% of its overall power from renewable sources by 2030 and 80% by 2050, Morocco actively seeks to achieve these targets by deploying 10 GW of renewable energy capacity by the conclusion of the current decade.
