Morocco plans incentives and allots 1 Million hectares in the first phase to attract investors to green hydrogen.
King Mohammed VI has given his instructions to the government to put forward a Moroccan green hydrogen offer “to make sure the requirements of quality are observed, to leverage our country’s significant potential in this regard, and to meet the expectations of leading global investors in this promising field.”
A decision by the head of government has been issued in the implementation of royal directives, offering insight into a Moroccan offer that “will enable Morocco to play a major role in the field of energy transition globally and reshape the resulting flows,” according to a statement from the Office of the Head of Government.
Green hydrogen “is expected to be a key energy vector and one of the main drivers of the energy transition and sustainable growth in the Kingdom, under the wise leadership of His Majesty the King,” the statement said.
“This emerging sector will also be a turning point for Morocco’s economy in light of economic, social, environmental, and technological challenges,” it added.
“Morocco Offer” would apply to integrated projects ranging from the generation of electricity from renewable energies and electrolysis to the conversion of green hydrogen, ammonia, methanol, and synthetic fuels, as well as related logistics, it added.
The offer will be open to investors aiming to export and those targeting the domestic market alike, it said, noting that 100 investors are interested in producing green hydrogen in Morocco.
The initial phase will assign 300,000 hectares to green hydrogen projects, permitting each project to occupy 10,000 to 30,000 hectares, as stated in the announcement.
