King of Morocco drives green hydrogen investment

  • The Moroccan government has outlined strategies to attract global investors to its hydrogen sector, designating specific areas and offering support programs at the behest of the King.
  • One million hectares of public land have been earmarked, with an initial allocation of 300,000 hectares divided into plots ranging from 10,000 to 30,000 hectares, based on project size.
  • Assurances are given to safeguard and regulate the use of public land through contractual agreements.

King Mohammed VI has invited the government to speed up the implementation of “Morocco Offer” in the green hydrogen sector, “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”.

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. This emerging sector will also be a turning point for Morocco’s economy in light of economic, social, environmental and technological challenges.

In this context, “Morocco Offer” applies 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.

“Morocco Offer” aims to attract investors or investor groups interested in producing green hydrogen and its derivatives, whether for the domestic market, export or both. The strong and active interest expressed by nearly 100 national and international investors in generating green hydrogen in Morocco confirms our country’s great potential in this field.

In view of the importance of land in developing the hydrogen sector, the State has identified one-million-hectare public land. During the first stage, 300,000 hectares will be provided to investors, in the form of plots of land ranging from 10,000 to 30,000 hectares, according to the size of the expected projects. The State will make sure, within a contractual framework, to protect and ensure the proper use of public land.

“Morocco Offer” is also based on a competitive infrastructure that is planned, deployed, developed and maintained according to the best international standards and the needs of the green hydrogen industry, as well as incentives and support measures for project holders.

It is worth noting that in order to ensure the successful implementation of “Morocco Offer”, the framework investment agreements between the State and the investor include clauses on the frequency of meetings in order to regularly assess the progress made in the implementation of the projects, in a relationship characterized by full transparency and commitment to confidentiality between the State and the investor.

Author: Bryan Groenendaal

Source: Moroccan Government

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