TAQA Morocco to develop $27 billion green hydrogen plant

January 4, 2024 |

In South Africa, Energy Capital & Power reported that AQA Morocco – majority-owned by the Abu Dhabi National Energy Company, has announced plans to invest $27.2 billion in a green hydrogen project in Morocco’s Dakhla-Oued El-Dahab region, as part of efforts to accelerate the energy transition in the North African country. The project will generate 6,000 MW of renewable energy, which will be used to produce and export green hydrogen, according to the report. The report also noted that this investment is expected to help reach Morocco’s goal of becoming a leading player in the global green hydrogen sector and attract further investments in the region.

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Category: Hydrogen

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