HomeEconomyThe contours of TotalEnergies' hydrogen contract in Morocco

The contours of TotalEnergies’ hydrogen contract in Morocco

The oil company signs an important agreement in the field of renewable energy for the production of hydrogen in the Kingdom.

Patrick Pouyanné traveled with Emmanuel Macron and did not return empty-handed: TotalEnergies signed a “preliminary land reservation contract” with Morocco to develop a green hydrogen production project, according to a statement from the oil giant released on Tuesday.

Announced on the occasion of a visit by French President Emmanuel Macron to Rabat, this contract will allow “the launch of preliminary studies of the project.”

Located in southern Morocco, in the Guelmin-Oued Noun region, on the Atlantic coast, the “Chbika” project aims to build “1 GW of onshore solar and wind capacity that will boost the production of green hydrogen through electrolysis of water from desalinated waters”. sea ​​and its transformation into 200,000 annual tons of green ammonia for the European market,” the document details.

“This project will constitute the first phase of a development program aimed at creating a global green hydrogen production center,” adds TotalEnergies.

Coordination with Denmark

The TE H2 company, co-founded by Total and the Luxembourg group EREN, will join forces with the Danish shipowner AP Møller and the investment company specialized in wind energy Copenhagen Infrastructure Partners.

“TE H2 and CIP will be in charge of developing the production of renewable energy (solar, wind, green hydrogen and its derivatives), while AP Møller Capital will develop the port and associated infrastructure,” we can read in the press release.

Quoted, Patrick Pouyanné, CEO of TotalEnergies, assures that “this agreement is part of our strategy to develop exportable production to Europe in countries with the most competitive renewable resources such as Morocco.”

Author: VG with AFP
Source: BFM TV

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