Brazil

Morocco is making bold strides in green hydrogen production, aiming to create 30,000 new jobs in this emerging sector.

This goal is part of a broader plan to generate 300,000 jobs in strategic industries like decarbonization and electric mobility.The government has allocated one million hectares for green hydrogen development, with 300,000 hectares already assigned to investors.

This move showcases Morocco’s commitment to attracting international partnerships and fostering innovation.Morocco’s Industry and Commerce Minister estimates a $100 billion market linked to new technology production, with the potential for Morocco to capture up to $4 billion.This initiative aligns with the country’s goal to produce 52% of its energy from renewable sources by 2030.

Morocco’s strategic location and abundant solar and wind resources make it ideal for green hydrogen production.The country already hosts the world’s largest concentrated solar power plant in Ouarzazate, attracting interest from global investors and institutions like the World Bank and the European Investment Bank.Morocco’s Green Hydrogen Plan: 30,000 Jobs and Economic Growth.

(Photo Internet reproduction)Despite progress in renewables, Morocco still relies heavily on fossil fuels, with 62% of its electricity from coal, gas, and oil as of 2022.

However, the expansion of green hydrogen production could significantly alter this energy mix.Morocco’s Green Hydrogen RoadmapThe country’s green hydrogen roadmap outlines development phases from 2020 to 2050, focusing on increasing local usage and reducing costs.Investments required range from 140 billion to 1,000 billion dirhams (€13-95 billion) during this period.

Morocco anticipates a potential demand of 30 TWh by 2030, increasing to 307 TWh by 2050.In addition, large-scale projects are already underway, including a Total Energies project targeting 10 GW of clean electricity production capacity by 2027.Morocco’s proximity to Europe positions it as a potential major exporter of green hydrogen to meet growing European demand.

The success of this initiative could enhance Morocco’s energy security and reduce its dependence on fossil fuels.





Unlimited Portal Access + Monthly Magazine - 12 issues-Publication from Jan 2021


Buy Our Merchandise (Peace Series)

 


Contribute US to Start Broadcasting



It's Voluntary! Take care of your Family, Friends and People around You First and later think about us. Its Fine if you dont wish to contribute and if you wish to contribute then think about the Homeless first and Feed them. We can survive with your wishes too :-). You can Buy our Merchandise too which are of the finest quality.


STRIPE


Colombia Boosts Energy Security with Major Transmission Upgrades


Harris Hits $1 Billion Mark, Outpacing Trump in U.S. Campaign Funds


Royal Caribbean?s Grand Vision: A $600 Million Paradise in Mexico?s Quintana Roo


World Bank Revises Latin America?s 2024 Growth Forecast Upward


South Korean Investors to Build Four New Refineries in Nigeria


Rwanda Plans to Boost Pork Production by 36%


Morocco's Green Hydrogen Plan: 30,000 Jobs and Economic Growth


Mauritius Grapples with Press Freedom as Election Nears


[Brazil] - Dollar Surges Past R$ 5.60 Amid Global Economic Concerns


Mexican Exports to U.S. Hit Record 15.7% Market Share



Sudan's Civil War: A Nation at Risk of Fragmentation


[Brazil] - Nigeria and Brazil Set to Launch Direct Flights, Boosting Economic Ties


Mozambique Voters to Decide on New Leadership


Ghana Slashes $5 Billion in Debt: Eurobond Holders Agree to Restructuring


[Brazil] - Dollar Surges to R$ 5.53 Amid Global Uncertainties


[Brazil] - X Social Network Resumes Operations in Brazil After 39-Day Suspension


[Brazil] - Brazilian Stock Market Declines as China's Stimulus Package Falls Short


Oil Prices Down as Middle East Tensions Ease and Libyan Production Resumes


Colombia?s Inflation Dips Below 6%, Marking Three-Year Low


[Brazil] - Colombian Coffee Production Surges 20% in Latest Harvest Year


Chilean Households Reduce Debt as Incomes Rise in Second Quarter


Kirchner's Legacy Haunts Argentina as She Challenges Milei's Policies


Argentina?s Customs Overhaul: Milei?s Push for Streamlined Trade


[Brazil] - Moove's NYSE Debut: Brazilian Lubricant Giant Rides Investor Wave


South Korea, Japan, and Taiwan Compete for Foreign Workers


[Brazil] - Prio's September Oil Sales Quadruple to 3.72 Million Barrels


[Brazil] - Moody's Report: Brazil's Energy and Water Sectors Poised for Expansion


World Bank Warns of China's Slowing Growth and Regional Effects


European Savings Soar as U.S. Spending Drives Growth


Pulp Prices Plummet 25% in Three Months, Industry Cautiously Optimistic


Brazil?s Economic Potential Rises, but Fiscal Challenges Persist


Brazil?s Real Estate Investment Trusts Face Steepest Decline in Two Years


Chilean Casino Giants Accused of Rigging Bids in Licensing Scandal


Seed Piracy Threatens Agricultural Innovation and Food Security in Mexico


Canada?s Economic Slowdown: Falling Behind the United States


Record-Breaking Channel Crossings Highlight UK?s Migration Challenge



New Offshore Gas Find Won?t Solve Colombia?s Immediate Energy Needs


Gulf States Deny U.S. Airbase Access for Iran Operations, Reshaping Middle East Dynamics


Mexico's Quintana Roo Tackles Uncontrolled Growth Spurred by Tren Maya Project


[Brazil] - Economic Calendar: Inflation Data and Fed Minutes Take Center Stage This Week


[Brazil] - Latin American Economic Outlook: Inflation Data and Interest Rate Decisions in Focus


Israel-Palestine War Reaches One-Year Mark: Conflict in the Middle East Transform Region


Power Struggle in Bolivia: Evo Morales and Luis Arce's Fractured Alliance


Bold Christian Priest Challenges China's Iron Grip on Faith


[Brazil] - Kopenhagen Founders Drive GoldKo's Sugar-free Chocolate Revolution in Brazil


[Brazil] - New Property Tax Law: A Double-Edged Sword for Brazilian Taxpayers


[Brazil] - Tupi: The Sleeping Giant of Brazil's Oil Industry Awakens


[Brazil] - Brazil Expands Global Reach: New Markets Open for Agricultural Products


Saudi Oil Strategy: Higher Prices for Asia, Cuts for United States and Europe


[Brazil] - Corinthians Misses Chance to Escape Relegation Zone in Dramatic Draw with Internacional


[Brazil] - Botafogo Edges Past Athletico-PR, Extends Lead in Brazilian Championship


Cableb?s: Mexico City?s Skyline Transport Evolves into Tourist Magnet


[Brazil] - X Pays Millions to Regain Brazilian Market Access


The Fading Light: Christianity?s Struggle in its Middle Eastern Birthplace


[Brazil] - The Potential Militarization of BRICS: Implications for Brazil's Defense Strategy


The Unexpected Rise of Pablo Mar?al: A New Force in Brazilian Right-Wing Politics


El Salvador?s $11.7 Billion External Debt Target of Buyback Program





[Brazil] - Avibras Rescue Plan: Merger and BNDES Support to Save Brazilian Defense Giant


International Funds Flock to Chinese Stocks as Government Stimulus Ignites Market Rally


[Brazil] - Suzano Reduces 2024 Cellulose Production by 4% Due to Market Challenges


[Brazil] - Rio Election: Centrist Paes Maintains Lead as Bolsonaro-Backed Ramagem Rises


Havaianas Maker Refocuses on Core Products Under New Leadership


[Brazil] - International Tax Reform: Brazil's Move to Implement 15% Minimum Rate for Multinationals


[Brazil] - Qualicorp Shareholders Clear Founder in Political Scandal


[Brazil] - Brazilian Pharmaceutical Giant EMS Sets Sights on Global Expansion



[Brazil] - Latin American Housing Prices Soar: Colombia and Mexico Lead the Charge


Colombian Oil Sector Faces Challenges as Foreign Investment Declines


[Brazil] - Gold's Glitter Intensifies: United States and Germany Gain Most as Prices Soar Amid Global Tensions


[Brazil] - Court Ruling Could Save Brazil R$ 50B in Tax Refunds and Hamper Export Competitiveness


[Brazil] - Vale Diversifies Portfolio with New Critical Minerals Fund


[Brazil] - Rio Film Festival: Connecting Cinephiles with Global Cinema


[Brazil] - Shellenberger Reveals U.S. Government's Role in Brazilian Censorship Complex


[Brazil] - Brazilian Rap's Shift: From Political Diversity to Left-Wing Elitism


Germany 34 Years After Reunification: Facing Challenges but Poised to Lead Europe


Japan's Gamble on One-of-a-Kind Kostaive COVID Vaccine Dubbed 'Third Atomic Bomb'



Corinthians Narrowly Loses to Flamengo in Copa do Brasil Semifinal


Yen Tumbles as Japan?s New Leadership Cools Rate Hike Expectations


[Brazil] - Ecuador's Tourism Industry Faces Challenges Amid War on Drug Gangs


[Brazil] - Crime Dominates Brazil's Municipal Elections, Testing Lula's Leadership


Brazilian Firms Struggle as Interest Rates Soar and Currency Weakens


Thursday's Soccer Games: Where to Watch Live and Schedules


Uruguay's Tourism Sector: Urgent Need for Revitalization


Saudi Arabia Braces for Wider Budget Deficit as Economic Reforms Accelerate


Philippines' $7 Billion Fighter Jet Tender Attracts Global Aerospace Giants


Peru?s Inflation Cools Below 2%, Marking a Milestone


Niger's Economic Revival: Petroleum Exports Fuel Optimism Amid Challenges


Meta's Strategic Shift: Vietnam to Host Next-Gen VR Headset Production


Congo's Coltan Crisis: M23 Rebels Rake in $300K Monthly from Seized Mines


[Brazil] - Geopolitical Tensions Drive Dollar's Modest Rise Amid Middle East Conflict


[Brazil] - LATAM Airlines Soars: $1.4 Billion Bond Offering Marks Post-Bankruptcy Triumph


[Brazil] - Brazil's Oil Output Drops 3.5% in August 2024, Natural Gas Surges 8%


Ecuador's Congress Resumes Political Trial Against Interior Minister


[Brazil] - Lula Envisions Stronger Brazil-Mexico Trade Ties and Equitable Growth


Economic Challenges: Bolivia Faces 19.7% Export Drop and Trade Deficit


Paraguay's GDP Grows 4.6%: Economy Outperforms 2024 Projections


Sheinbaum Shapes Cabinet: Continuity and Change in Mexico's New Administration





70