Morocco to accelerate green hydrogen sector with four new agreements

GREEN HYDROGEN-

Morocco inks four agreements to boost green hydrogen tech: Morocco signed four agreements to accelerate the development of its green hydrogen sector at the World Power-to-X Summit in Marrakech, Al Arabiya reports. The agreements will foster domestic and international collaboration on research, transport, and the storage of green hydrogen in the country. The agreements also strengthen the industrial and technological capabilities needed for competitive green energy as the country moves to position itself as a hydrogen production powerhouse.

The details: The first agreement was signed between Morocco’s Institute for Research in Solar Energy and New Energies (Iresen) and Spain’s Center for Industrial Technological Development to boost joint technological cooperation on green hydrogen production. A second MoU was signed between Iresen and Belgian energy firm Cluster Tweed group to collaborate on innovations in energy storage and green hydrogen production, and another was signed between the Moroccan institute and Möhring Energy Group for technical and technological cooperation, research, and development. The final agreement was inked between the Green H2 Cluster, Grant Thornton Morocco and the UGGC Africa law firm aims to establish a multidisciplinary expertise platform for the green hydrogen ecosystem in Morocco.

SUSTAINABILITY-

Rawabi acquires stake in World Wide Generation, launches JV: Local industrial conglomerate Rawabi Holding partnered with UK-based sustainability fintech firm World Wide Generation (WWG) to establish a JV for standardizing sustainability reporting across its businesses, especially those in the Mena region, according to a press release. Rawabi also acquired an undisclosed stake in WWG after a multi-mn GBP investment into the firm.

The new JV will leverage the WWG-powered G17Eco platform, which helps monitor and manage sustainability performance and communicate the data directly to stakeholders.

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• Oman inks exploration agreement tapping into its Silica reserves: Oman’s Ministry of Energy and Minerals has inked a mining agreement with Oman Minerals Development Company to explore an sq km 2156 area in Al-Wusta Governorate containing significant silica deposits – a key component used to make solar panels – with 95% purity located in Al. The agreement launches the first phase of the exploration, which will focus on conducting geological studies and sample analysis. (ONA)