Green Energy

OCP Group, Engie collaborate for green hydrogen, ammonia

Moroccan state-owned OCP Group and French power company Engie have collaborated to accelerate Moroccan company’s energy transition and contribute to Morocco’s energy transformation. This Joint Development Agreement signed is expected to be a major step towards launching several ambitious projects in green hydrogen and ammonia and other realms of renewable energy, storage, infrastructure and desalination.

As per the official statement, the two firms will also have a Research & Innovation (R&I) agenda focused on these areas.

The agreement was signed by Mostafa Terrab, Chairman and CEO of OCP Group, and Catherine MacGregor, CEO of ENGIE, as part of the French President’s State visit to Morocco.

OCP Group is a global leader in the phosphate industry and phosphate-based plant nutrition and fertilizer solutions and ENGIE is an international leader in energy transition.

The partnership primarily aims to co-develop and manage four large-scale industrial projects. These include developing renewable energy capacity, coupled with storage solutions to ensure flexibility within OCP Group’s energy network; creating on-site electrical infrastructure connected to these new renewable energy sources; developing green ammonia production capacity, alongside feasibility studies for other green hydrogen derivatives, such as e-methanol and e-SAF, among others;and developing water desalination capacity for agricultural use in regions where OCP Group operates.

This partnership between ENGIE and OCP addresses OCP Group’s energy and environmental challenges and aligns with its decarbonization strategy as well as Morocco’s ambitious energy transition goals.

Mostafa Terrab, Chairman and CEO of OCP Group, stated: “This partnership with ENGIE supports our commitment to sustainable growth, focused on energy innovation and decarbonization. Through this strategic alliance, we will continue to enhance OCP Group’s international competitiveness in renewable energy, contributing to a sustainable future for generations to come.”

Catherine MacGregor, CEO of ENGIE, added: “Together, we will drive the development of low-carbon energy solutions while strengthening Morocco’s industrial ecosystem. This collaboration will position our groups as key players in the decarbonization of Morocco and bolster ENGIE’s presence in the country.”

The JDA also envisions the potential creation of a joint venture between OCP Group and ENGIE.

Subhash Yadav

Recent Posts

BASF, Shenergy Group join forces for biomethane commercialisation

Global chemicals and bioenergy major BASF has announced to have signed an MoU with China’s…

6 hours ago

Rajputana Biodiesel set for inaugural IPO on November 26

Rajputana Biodiesel is set to debut in the capital market on November 26 as the…

9 hours ago

SECI, H2Global Stiftung collaborate to promote Green Hydrogen initiatives

The Solar Energy Corporation of India Ltd (SECI) has signed an MoU with H2Global Stiftung…

11 hours ago

Pilibhit’s Kisan Co-op Sugar Mill to begin ethanol production

Uttar Pradesh is making strides in the bioenergy and taking the decarbonisation quest of the…

11 hours ago

Deepak Agrawal is new Managing Director of GPS Renewables’ project development firm ARYA

Bengaluru-headquartered biogas EPC firm GPS Renewables has announced that it has appointed Deepak Agarwal as…

11 hours ago

Seawater-to-green hydrogen: NTPC to set up unique project near Vishakhapatnam

In a key development to further the green hydrogen movement in the country, NETRA, the…

2 days ago