Morocco’s potential in the alternative and clean energy field continues to attract international energy companies. The latest to confirm their interest is US-based CWP Global, which signed a memorandum of understanding with German firm Hydrogenious LOHC Technologies to explore the feasibility of exporting green hydrogen from Morocco to Europe.
The partnership aims to explore the possibility of exporting 500 tons of green hydrogen per day using Liquid Organic Hydrogen Carriers (LOHC) technology.
This year, they will implement a feasibility study for CWP Global’s AMUN hydrogen project near Tan-Tan, a complex expected to produce 15 GW of wind and solar energy, and explore the adoption of green hydrogen and ammonia in various industries.
According to Guido Schumacher, CTO of CWP Global, “It represents another step in building the clean energy future that we are working towards, by identifying the most efficient and cost-effective solutions for the deployment of green hydrogen and its derivatives to support the goals of the Net Zero by 2050.
The use of LOHC liquid organic hydrogen carrier technology is a solution with great potential for long-distance hydrogen shipments, as it can be safely handled in various ports.
Morocco’s ability to compete in the green hydrogen production market at the lowest cost of $2.54 per kilogram has attracted investors from different countries, including Energy China International Construction Group, which announced its intention to develop a large green hydrogen project in Morocco last month.
The World Energy Council predicts that Morocco could account for 4 percent of global demand for green hydrogen and its derivatives by 2030.
The Belgian company John Cockerell has also signed an agreement with a Moroccan company to establish a factory for the production of electrolyzers on the African continent, further boosting Morocco’s position in the alternative energy sector.
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