Morocco: 850 Million Dollar Investment Morocco to Develop Country’s Largest Green Hydrogen, Green Ammonia Project
Morocco has recently announced its plans to develop the Hevo Ammonia Morocco project, the largest green hydrogen and green ammonia project in the country. On completion, the project is expected to produce 183,000 tons of green ammonia and reduce 280,000 tons of CO2 annually.
Dublin/Ireland – Fusion Fuel Green (Fusion Fuel), a green hydrogen technology company, has announced that Aziz Rabbah, the Moroccan Minister of Energy, Mines and Environment, has recently unveiled the Hevo Ammonia Morocco project at an event in Rabat, Morocco. The project is Morocco’s largest announced green hydrogen and green ammonia project to date, with an estimated total investment value of more than ~850 million dollars. It is anticipated that the project would be jointly developed by Fusion Fuel and Consolidated Contractors Group (CCC), a global construction company that offers a full suite of services across the entire EPC value chain. In addition, Vitol, one of the world’s leading energy and commodities companies, would manage the offtake of green ammonia.
Development of the first phase of the project is expected to begin in 2022 following the completion of a feasibility study. When fully commissioned, the project is expected to produce 183,000 tons of green ammonia and abate 280,000 tons of CO2 annually.
The ability to use our abundant solar and wind resources to produce carbon-free, green ammonia presents a strategic opportunity for Morocco to play a leading role in the decarbonized global economy.
Fusion Fuel expects to supply the technology to produce the 31,000 tons of green hydrogen needed annually for the project. Fusion Fuel has created a revolutionary off-grid solar-to-hydrogen generator, called the Hevo Solar, that allows it to produce emissions-free hydrogen at highly competitive costs in regions with strong solar irradiation. CCC would serve as the general construction partner for the project. Vitol, with a commitment to support the transition to cleaner fuels, is ideally positioned to locate the best available market for green ammonia, through its large network of buyers and logistics experience.
Speaking about the project, Minister Rabbah commented, “Morocco is the largest producer of phosphate in the world, but because it has limited domestic ammonia production, it has had to rely on imported ammonia to produce fertilizer, one of Morocco’s key industries. The ability to use our abundant solar and wind resources to produce carbon-free, green ammonia presents a strategic opportunity for Morocco to play a leading role in the decarbonized global economy. Thanks to the leadership of His Majesty the King Mohammed VI, we believe this ambitious project will be the cornerstone of Morocco’s hydrogen strategy and will establish Morocco as a major exporter of ammonia to international markets.”