Israel's H2Pro, Morocco's Gaia Energy sign green hydrogen pact
SUMMARY
Gaia will use a range of 10-20 MW-scale H2Pro electrolyzer technology for a demo project in Morocco.
By Shardul SharmaIsraeli company H2Pro and Moroccan renewable energy developer Gaia Energy have signed a strategic agreement to develop green hydrogen project in the north African nation, H2Pro said on November 9.
Under the agreement, Gaia will use a range of 10-20 MW-scale H2Pro electrolyzer technology for a demo project in Morocco, while exploring in parallel the use of the technology in a gigawatt-scale system currently being developed by Gaia within Morocco.
The announcement was made during the annual United Nations Conference of the Parties. COP27 is being hosted by Egypt in Sharm El-Sheikh.
"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," said Moundir Zniber, CEO of Gaia Energy. "At the gigawatt-scale level, we bolster Morocco's profile as a serious player in the green hydrogen space," he added.
Talmon Marco, CEO of H2Pro, said the issue of climate change can only be solved by reaching across borders with seamless coordination between the private and public sector.
"We chose COP27 as the platform for launching H2Pro and Gaia's partnership because this moment is not merely an achievement of two private companies, but rather a milestone in Moroccan-Israeli relations,” Marco said.
