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.
A 3.1GW solar array with pumped hydro storage will power electrolysers by day and generate electricity at night for continuous operation.
Ballard Power Systems will provide fuel cell systems totalling 5MW to the Egyptian truck and bus manufacturer.
“Importing green iron from our trading partners and allies to supplement the feed to UK and EU electric arc furnaces is the most obvious opportunity that is simply not getting publicly discussed.”
Backed by AHL and LONGi Green Energy Technology, the project aims to produce 1.2 million tonnes of green methanol annually for export.
Paired with today’s advances in predictive AI, digital twins can become both predictive and prescriptive.
“[Clean hydrogen] should first be deployed in those sectors in which it is needed as an indispensable feedstock,” the Future Cleantech Architects report argues.
The bankability of hydrogen projects hinges on a combination of financial support, robust risk mitigation strategies and alignment with market and policy trends.
Hintco said the supply-side hydrogen auction is organised into five lots – four regional and one global.
The paper says that smaller-scale and modular routes could become more common, as companies look to spread the cost of adoption – with the technology being easier to transport, construct and install than large-scale plants.