The Prime Minister, Aziz Akhannouch, issued the circular for the implementation of the 'Morocco Offer' for green hydrogen development, thus concretizing the Royal vision.

This comprehensive offer covers the entire value chain of the sector and aims to position Morocco as a competitive player in this growing sector. The Royal vision allows Morocco to occupy a privileged position at both continental and international levels in the development of renewable energies

"The circular outlines the operational steps of the Morocco Offer, emphasizing the transparency and visibility provided to investors. It addresses several aspects, including the scope, land use, necessary infrastructure, incentives, investor selection process, and governance of the green hydrogen sector."

In detail, the Moroccan offer applies to integrated projects from electricity generation to the transformation of green hydrogen into derivatives. It targets both national and international investors who already show great interest, thus confirming Morocco's potential in this field

Land use, a key issue, will be available for investors on one million hectares, with a first phase allocating 300,000 hectares. The 'Morocco Offer' comes with competitive infrastructure and incentive measures, thus ensuring a successful energy transition

The investment framework agreements between the State and investors ensure regular monitoring of the program, establishing a transparent and respectful relationship with confidentiality standards. With this initiative, Morocco asserts itself as a significant player in the race towards green hydrogen, contributing to shaping the global energy future

Article source: lobservateur