John Cockerill has announced the formation of a joint venture with a Moroccan company with the aim of investing in the development of the nascent green hydrogen industry in Morocco. The two partners plan to build an electrolyser production plant there. This is another step forward in the use of natural resources in the North Africa Middle East (NAME) area.
The hydrogen industry has been gaining momentum in Africa in recent years. Electrolysers are a key piece of equipment for converting electrical energy into chemical energy, notably hydrogen. This equipment could soon be manufactured in Morocco. This is the main objective of the joint venture that has just been formed.
It is expected that Total Eren, headed by Pâris Mouratoglou, will invest 100 billion Moroccan dirhams ($9.95 billion). Meanwhile, Morocco under new agreements will export hydrogen to Germany and Portugal, and national government published a Green Hydrogen Roadmap.
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