Chariot, the Africa-focused transitional energy company, has completed the feasibility study for its “Project Nour”.
This was achieved in partnership with TE H2, a consortium shared equally by TotalEnergies SE and Eren Group SA – setting the stage for what could become one of the largest green hydrogen initiatives worldwide.
Project Nour, a joint venture between Chariot’s subsidiary Chariot Green Hydrogen and TE H2, promises a whole new era of energy production. The pivotal feasibility study, completed earlier this year, examined the potential production with up to 10 gigawatts of electrolysis installed. Predictions suggest Nour could land among the global titans of green hydrogen production.
Chariot plans to phase Project Nour’s implementation, beginning with an initial renewable capacity of 3 gigawatts to produce up to 150,000 tonnes of green hydrogen annually. Mauritania’s strategic geographical proximity to Europe, coupled with the deep-sea port at Nouadhibou, offers Nour favorable export options.
In the pipeline for Project Nour are further necessary steps, including establishing an investment framework, advancing an engineering conceptual study, and conducting offtake negotiations. As these stages unfold, they also bring to light the enormous potential for green energy that remains untapped on the African continent.
