فاس نيوز ميديا جريدة الكترونية جهوية تعنى بشؤون و أخبار جهة فاس مكناس – متجددة على مدار الساعة
Omar Aloui Al-Mohammadi, Vice President of “Taqa Morocco,” announced the company’s intention to make significant investments in renewable energy, green hydrogen, and seawater desalination. He emphasized that the company’s own resources enable the realization of these ambitions.
Despite a nearly 25% decline in transaction volume during the first half of this year, Al-Mohammadi stated in a press conference in Casablanca dedicated to presenting the company’s results, that net profits have increased, and earnings before interest, taxes, depreciation, and amortization (EBITDA) remain strong.
Al-Mohammadi highlighted that the company has responded to Morocco’s proposal regarding green hydrogen and is awaiting a response from the Moroccan Agency for Sustainable Energy (MASEN) regarding the projects submitted.
The government has confirmed that this proposal includes integrated projects, ranging from electricity generation from renewable energy to the conversion of green hydrogen into ammonia and methanol, along with related logistics services.
The company clarified that the proposal targets investors or investor groups interested in producing green hydrogen and its derivatives, whether for the local market or for export, reflecting interest from over 100 national and international investors in this field.
Regarding the allocated land, “Taqa Morocco” has secured a public property of 70,000 hectares in Dakhla to develop green hydrogen projects.
Company officials believe that Morocco has significant advantages in this sector due to its proximity to Europe, which aims to acquire 10 million tons of green hydrogen by 2030, along with a diverse range of available renewable energy sources.
The company plans to pursue its strategy to implement projects that include 1,000 megawatts of low-carbon energy and seawater desalination by 2030. The National Electricity Regulatory Agency expects national reception capacities to reach 7,236 megawatts between 2024 and 2028, with “Taqa Morocco” expressing its commitment to contributing to this goal.
The company also highlights its strong financial position, with a consolidated capital of 6.99 billion dirhams, following the implementation of a debt restructuring plan last year that raised 6.6 billion dirhams. This financial strength enables it to support Morocco’s vision in renewable energy and seawater desalination.
source : fesnews media
