Morocco, which has released an offer to investors, expects to sign the first preliminary contracts to produce green hydrogen in the country in the fourth quarter this year. Some 100 investors have expressed interest in Morocco’s green hydrogen potential, said Mohcen Jazouli, minister in charge of investment in an interview with Medias24. “Investments would cost tens of billions of dollars,” said Jazouli, adding that a feasibility study could cost the investor up to 50 million dollars. Morocco seeks value and jobs, he said, noting the potential of Morocco’s hydrogen offer to bolster electricity production in the country. Through its offer, unveiled three days ago, Morocco seeks integrated projects of scale, he said.

Source: The North Africa Journal March 13, 2024 16:40 UTC