Renewable energy firm Dahamco has announced plans to invest $25 billion in green hydrogen and ammonia projects across Morocco.
The multi-phase project will start with a $4.6 billion, one million per annum green ammonia facility. Scheduled for operations in 2031, the project will create 3,100 jobs, producing green hydrogen for export to the Amstredam-Rotterdam-Antwerp region.
Dahamco secured land rights and local authorizations for the first phase before Morocco formally invited the company to develop the project in November 2022, according to CEO Tom Hanson.