Abu Dhabi National Energy Company TAQA to Invest $10 billion for the 6 GW Moroccan Green Hydrogen Project

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Abu Dhabi National Energy Company TAQA to Invest $10 billion for the 6 GW Moroccan Green Hydrogen Project

Updated on Jun 25, 2024, 04:00 AM IST
Written by Anandu Manoj

Abu Dhabi national energy company TAQA is planning to invest USD 10 billion into a 6 GW Morrocan green hydrogen project. The project will be located in the Dakhla-Oued Eddahab region, which is located in Western Sahara.

 

Abu Dhabi National Energy Company TAQA to Invest $10 billion for the 6 GW Moroccan Green Hydrogen Project

 

Morocco lists Dakhla-Oued Eddahb as one of its twelve administrative regions based on a pledge of allegiance to local representatives of the kingdom. The region has attracted several projects with a combined value of USD 59 billion.

 

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Some of the projects in this region include the 8 GW White Dunes project, with an estimated cost of USD 2 billion. Apart from this, CWP Global, a prominent developer in the industry, has laid out plans to develop a large-scale renewable ammonia facility.

 

 

About TAQA

Abu Dhabi National Energy Company PJSC (TAQA) is a global energy and water champion, headquartered in Abu Dhabi, UAE.

 

Established in 2005, it has evolved into a diversified multinational player with operations in 11 countries across four continents. Its core focus lies in power generation, water desalination, and upstream and midstream oil and gas activities.

 

TAQA boasts an impressive portfolio. It supplies 95% of Abu Dhabi's power and water needs, and its global power generation capacity reaches a staggering 23 GW. The company owns extensive electricity and distribution networks (90 kilometers) and water pipelines (21 kilometers), showcasing its commitment to infrastructure development. Notably,

 

TAQA also recognizes the importance of renewable energy, with 1.4 GW of its power generation originating from clean sources. Some of the upcoming projects of TAQA include:

 


 

 

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