Morocco approves $32.7bn for six hydrogen-based projects
Morocco will offer the projects up to 30,000 hectares of land, attracting global investors such as Moeve, ACWA Power and Ortus.
Morocco will offer the projects up to 30,000 hectares of land, attracting global investors such as Moeve, ACWA Power and Ortus.
The new project extension is expected to be valued at €10.6m ($11.15m), adding to the original scope of €19.8m ($20.8m).
Hydrogen from the 20MW HySynergy facility will help decarbonise Crossbridge Energy’s refinery operations.
Uniper and its project partner EWE expect the electrolyser to produce around 2,700 tonnes of green hydrogen per year in its first phase.
The UK National Wealth Fund will provide £200m to Grangemouth in a bid to reposition it as a low-carbon industrial site and attract private investment, Prime Minister Keir Starmer has confirmed.
CEO Imaz said, “We are going from 1.9GW to something between 700MW and 1.2GW in 2030,” citing market scepticism.
“We welcome a much more realistic time, which confirms our strategy where low-carbon hydrogen plays a key role in decarbonising selected industries.”
Tests were conducted by blending different up to 100% hydrogen with natural gas, resulting in several hundred tonnes of 3000 series scrap aluminium alloy remelted and cast into sheet ingots.
South Australian Premier Peter Malinauskas said, “There’s no point in producing hydrogen if there’s not a customer for it,” highlighting the government’s focus on securing the steelworks’ future with the new funding package.
Germany’s economy shrank in 2024, for a second year. As Europe’s leading economy, and the world’s third largest, that’s not only bad news for Germany but all of us.
