Moroccan, Israeli firms agree at COP27 to cooperate in green hydrogen production
Morocco’s renewable energy developer Gaia Energy and Israel’s hydrogen-focused startup H2Pro signed a memorandum of understanding to promote cooperation in the production of green hydrogen, Israeli media reported.
The deal, signed on the sidelines of the ongoing UN Climate Conference (COP27) in Sharm El Sheikh, is part of a momentum of cooperation deals between authorities and the private sectors of the two countries as Morocco seeks to tap into Israel’s know-how in the field of energy.
Under this MoU, Gaia will import H2Pro technology to Morocco to help produce green hydrogen at a renewable energy site.
Morocco’s emerging green hydrogen ecosystem has attracted numerous investments over the past months with UM6P, Oort Energy, and Chariot Limited recently launching pilot projects for green hydrogen and ammonia across the country.
The growing international interest in Morocco’s abundant renewable energy and potential in producing low-cost green hydrogen reflects the country’s key role in leading the world in the clean energy transition, said the CEO of Gaia Energy Moundir Zniber.
For Zniber, Gaia’s strategic partnership with H2Pro supports Morocco’s energy transition agenda.
“By combining the power of Gaia’s renewable energy assets with H2Pro’s efficient and cost-effective green hydrogen production technology, we bring Morocco and our region one step closer to this vision,” Zniber explained.
In addition to strengthening the position of Morocco as a green hydrogen hub, the partnership, according to the CEO of H2Pro Talmon Marco, represents “a milestone in Moroccan-Israel relations, demonstrates the triumph of regional cooperation over climate change and is a clear indicator of the key role innovation plays in diplomacy.”
Morocco restored diplomatic ties with Israel in late 2020 and since then delegations from the private sector have exchanged visits signing MoU in the fields of tourism, renewable energy, industry and new technologies.
