Morocco, Nareva, and GE Vernova Forge Partnership for Green Hydrogen Power Plant in Laayoune
(Reuters) — Moroccan electricity and water utility ONEE signed on Tuesday a deal with renewable energy companies Nareva and GE Vernova to conduct a feasibility study to replace fuel with green hydrogen to operate a 99-megawatt power plant.
The plant is located in Laayoune, the largest city in Western Sahara, a territory Morocco considers its own but where the Algeria-backed Polisario front seeks to establish its own state.
"GE Vernova will help Laayoune power plant deliver electricity generated using 100% green hydrogen produced at Nareva's Laayoune wind farm to support Morocco's expansion of renewable installed capacity from its current share of 40% to 52% by 2030," the three companies said in a joint statement.
The Moroccan government has for months been preparing its green hydrogen strategy to attract investors, as it seeks to capitalize on abundant wind and sun.
In terms of actual production, about 70% of Morocco's electricity is generated from coal, with renewable energy representing 20% last year, according to official figures.
GE Vernova is an offshoot of General Electric, while Nareva is part of the Moroccan royal family's holding company Al Mada.
The study will last for two years. The financial terms of the deal were not disclosed.
Related News
Related News
- Army Corps Lists Enbridge’s Line 5 as ‘Emergency’ Project Eligible to Bypass Environmental Review
- Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
- 1,000-Mile Pipeline Exit Plan by Hope Gas Alarms West Virginia Producers
- Greenpeace Ordered to Pay $667 Million to Energy Transfer Over Dakota Access Pipeline Protests
- Canada’s Canceled Oil Pipelines: The Projects That Didn’t Make It
- Army Corps Lists Enbridge’s Line 5 as ‘Emergency’ Project Eligible to Bypass Environmental Review
- Michigan Court Backs Permits for Enbridge’s Line 5 Pipeline Tunnel Project
- Editor’s Notebook: Fire Fuels Pipeline Concerns
- Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
- Enbridge Plans $2 Billion Upgrade for North America’s Largest Crude Pipeline
Comments