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Desert ammonia project seeks European funding
The article explains that the "ORNX" project, a joint venture between an American company and several Spanish and German firms, aims to produce green hydrogen and ammonia in the Ouzen region of the Moroccan Sahara. After receiving a $5.7 million grant from the U.S. Agency for International Development for preliminary studies, the project is now seeking European funding by aligning with the European Union’s sustainability criteria, particularly the Renewable Energy Directive and the green classification system. It also aims to benefit from programs like "REPowerEU" and increase financing opportunities from European institutions, with a potential investment of $4.5 billion to produce approximately 560,000 tons of green ammonia annually, leveraging massive solar and wind energy capacities. The project hopes to attract other international investments in Morocco’s energy sector as part of Rabat’s efforts to develop the region and support initiatives to resolve the conflict based on autonomy.
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