The “Morocco Offer”: $30 billion for six new projects

Four ammonia projects in Morocco’s south

Click to learn more. A Moroccan government committee has extended the “Morocco Offer” to four new ammonia projects, which includes lan allocation and streamlined approval processes. Source: Head of Moroccan Government.

Led by Moroccan Prime Minister Aziz Akhannouch, a government steering committee has announced more successful recipients of the “Morocco Offer”, a scheme launched in 2022 to support the development of renewable hydrogen & derivatives production projects. Five investment consortiums featuring domestic and international investors will commit $30 billion towards six large-scale projects, and negotiations with the Moroccan government will begin shortly.

Incentives included in the scheme include land allocation, financial assistance for building shared infrastructure (including new ports), investment and tax breaks, and a simplified approvals process overseen by Morocco’s Agency for Sustainable Energy (Masen). In October 2024, TotalEnergies and OCP Group were both extended the “Morocco Offer” to develop projects in the African kingdom.

Details remain limited, but the four new ammonia projects include:

• the ORNX consortium (Ortus, Acciona and Nordex)
• UAE-based Taqa and Spain-based Cepsa (Cepsa has now rebranded as Moeve)
• Moroccan energy company Naerva
• and two China-based companies (UEG and China Three Gorges Corporation)

The goal is to reach preliminary agreements that will facilitate the allocation of land for these strategic projects, with a maximum of 30,000 hectares per project. The State will ensure, through the contractual framework binding it to project developers, the proper use and preservation of public land.

Land allocations under the “Morocco Offer”, from the official press release, 6 Mar 2025

The announcement notes that the selection process for projects under the “Morocco Offer” remains open to all investors.