IRESEN and KfW sign €13.5 million deal to boost green hydrogen in Morocco

IRESEN and KfW sign €13.5 million deal to boost green hydrogen in Morocco
Tuesday 10 December 2024 - 14:51

The Institute for Research in Solar Energy and New Energies (IRESEN) signed a 13.5 million-euro financial agreement with KfW, the German development bank, to support the development of the Green H2A platform.

This initiative aims to foster green hydrogen technologies and Power-to-X (PtX) applications in Morocco.

The partnership includes an initial payment of 3.5 million euros from KfW, under the Federal Ministry for Economic Cooperation and Development (BMZ).

Green H2A, co-developed by IRESEN, the OCP Group, and Mohammed VI Polytechnic University (UM6P), will serve as a key infrastructure for testing, adapting, and deploying innovative green hydrogen technologies in the Moroccan context.

This platform is designed to support industrial, academic, and socio-economic players in Morocco’s green hydrogen sector, providing technological assistance and policy support. It will also help boost the local private sector’s capabilities through technology transfer and innovation promotion.

The agreement follows negotiations between Morocco and Germany in 2020, underscoring their long-term renewable energy collaboration. KfW’s involvement adds an international dimension to the project, reinforcing Morocco’s role as a hub for green hydrogen.

IRESEN Director Samir Rachidi highlighted the platform’s role in advancing PtX technologies, local content, and Morocco’s leadership in the green hydrogen sector.

KfW’s Janne Rajpar emphasized the project’s potential to strengthen bilateral ties while addressing global climate challenges.

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