Steel News

We strive to let you one step ahead of the market.

Morocco approves series of green hydrogen projects

13 Mar 2025 15:40 reported by Stanley Wang

A A A
Morocco's government approved a series of green hydrogen projects worth 319 billion dirhams to produce ammonia, steel, and industrial fuel. Selected companies included the US-based Ortus, Spain's Acciona, and Germany's Nordex, which will develop green ammonia projects. The UAE's Taqa and Spain's Cepsa will focus on ammonia and fuel production, while Morocco's Nareva will produce ammonia, fuel, and steel. Saudi Arabia's Acwa Power will manufacture steel, and China's UEG and China Three Gorges will collaborate on ammonia production.

Each project will receive up to 30,000 hectares of land after signing a preliminary agreement. The country targets 52% renewable energy capacity by 2030, up from 45% now.

Back to Steel News

Related News

GravitHy secures EUR 60 million funding for green steel initiative

  • Decarbonization
  • 27 Mar 2025 16:37

Trafigura cancels A$750 million green hydrogen project in Australia

  • Decarbonization
  • 27 Mar 2025 16:27

Asia’s top steelmakers drive innovation in low-carbon steel

  • Decarbonization
  • 27 Mar 2025 15:58

Electrolux Group sets new recycled materials target

  • Decarbonization
  • 27 Mar 2025 15:39

China’s CATL & Zenith Steel collaborate to achieve greener steel industry

  • Decarbonization
  • 26 Mar 2025 10:47

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 2,929.50
  • 2,952.00
  • Aluminum
  • 2,599.50
  • 2,616.00
  • Copper
  • 9,883.00
  • 9,908.00
  • Nickel
  • 15,950.00
  • 16,190.00

Learn more

Coil Exchange Center

Learn more