The project will generate 6,000 MW of renewable energy, which will be used to produce and export green hydrogen to meet global demand for decarbonized energy. The investment is expected to help reach Morocco’s goal of becoming a leading player in the global green hydrogen sector and attract further investments in the region. This has triggered a series of renewable energy investments by both public and private sector Emirati companies, including Infinity Power, AMEA Power and Masdar, among others. Among these agreements, AMEA Power signed over eight Memoranda of Understanding with Mozambique, Uganda, Ethiopia and Mauritania, focusing on solar, hydropower and green hydrogen projects. This mission will be at the forefront of the upcoming Invest in African Energy 2024 forum, taking place in Paris next May.

Source: The North Africa Journal December 29, 2023 13:56 UTC