MASEN has Received Nearly 40 H2 Proposals
The steering committee for Morocco’s Green Hydrogen Initiative, “l’Offre Maroc,” met to outline project criteria after bids were submitted via a platform managed by MASEN, the Moroccan Agency for Sustainable Energy.
The committee underscored the importance of transparency and competitiveness in bids nationwide, according to a statement from Head of Government Aziz Akhannouch, who chaired the meeting.
Morocco plans to sign its first preliminary contracts for green hydrogen production in the country by the fourth quarter of this year.
Around 100 investors have shown interest in Morocco’s green hydrogen potential, according to Mohcen Jazouli, Minister in Charge of Investment, speaking in March.
Investors must submit proposals to MASEN before the bids are reviewed by an investment committee and sent to the Prime Minister for approval.
Investors will benefit from abundant solar and wind resources, along with land parcels ranging from 10,000 to 30,000 hectares and tax exemptions, Jazouli noted. “Investments could reach tens of billions of dollars,” he said, adding that feasibility studies alone may cost investors up to 50 million dollars.
Morocco aims to create value and jobs, leveraging its hydrogen potential to enhance domestic electricity production, Jazouli said.
Through its newly launched offer, Morocco is targeting integrated, large-scale projects.
While green hydrogen offtake will primarily support domestic industries, Morocco also aims to meet some European demand.
The European Commission has a plan to import 10 million tons of renewable hydrogen by 2030 for heavy industry and transport sectors that typically rely on coal, natural gas, and oil.