The Moroccan government has selected six projects from national and international companies to launch green hydrogen initiatives for the production of ammonia, industrial fuels, and steel, with a total investment value of $32.5 billion. The American Ortus, Spanish Acciona, and German Nordex will team up to produce green ammonia, while Morocco’s Nareva has applied to produce ammonia, industrial fuel, and green steel. Acwa Power from Saudi Arabia plans to produce steel.

Each project will be offered up to 30 thousand hectares of land after signing a preliminary agreement. The government has not yet provided additional details on the timing and sources of funding for these projects. The Moroccan authorities hope that green hydrogen will help achieve their domestic energy goals and increase exports to the EU. The procedure for selecting projects under this initiative remains open to investors.

In related news, Sweden’s Hybrit, a joint venture between steelmaker SSAB, mining company LKAB, and energy company Vattenfall, has completed a pilot hydrogen storage project, demonstrating the technical feasibility of storing hydrogen for fossil-free metallurgical production on an industrial scale.