A group of companies consisting of MASDAR, Infinity, and Conjuncta signed a Memorandum of Understanding with Mauritania to set up a $34 billion green hydrogen project in the Maghrebi country.
MASDAR is an Abu Dhabi state-owned company, a renewable energy cooperation in the United Arab Emirates. Infinity is an Egyptian technology provider while Conjuncta is a German project developer.
the German developer indicated in a joint statement with the other parties involved that the whole green hydrogen production will have a capacity of up to eight million tons of ammonia or other hydrogen-related products per year. It will also have a total electrolyzer capacity of about ten gigawatts.
The statement also reads that the first phase of the Mauritanian project will be located northeast of Mauritania’s capital Nouakchott with a completion date of 2028 and a planned capacity of 400MW.
According to Conjuncta’s CEO Stefan Liebing, the project will not only have a strong link to Germany as a technology provider but also as a potential off-taker of green energy.
The $34 billion project could be a game-changer for the Nouakchott government in terms of the hydrogen production market.
Recently, Mauritania’s Ministry of Petroleum, Mines and Energy signed a new contract with oil and gas major Shell to conduct exploration activities in Block C2 offshore in the country.