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Home Home - Projects
HDF Energy and Falcon Capital Dakhla Unite for White Dunes

HDF Energy and Falcon Capital Dakhla Unite for White Dunes

Anela DoksoBy Anela Dokso17/11/20232 Mins Read
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Hydrogène de France (HDF Energy) has announced its co-development partnership for the White Dunes project, a groundbreaking initiative poised to establish a green hydrogen production plant in Morocco’s Dakhla region.

HDF Energy’s forthcoming minority stake in the project solidifies a robust collaboration with Falcon Capital Dakhla, a prominent Moroccan developer, marking a significant stride in the global green hydrogen landscape.

The White Dunes project aims to be a global leader in competitive green hydrogen production, leveraging electrolysis powered by solar and wind energy—a unique feat in the Dakhla region. Part of Morocco’s Green Hydrogen tender, the colossal project envisions a capacity of 10 GW of wind energy, 7 GW of solar energy, and 8 GW of electrolysis. With an estimated initial investment of 20 billion Moroccan Dirhams, the project is currently in its developmental phase.

HDF Energy and Falcon Capital Dakhla bring their distinctive strengths to the collaboration. Falcon Capital Dakhla, with expertise in agriculture, energy, and water sectors, contributes deep insights into the local and regional market. Meanwhile, HDF Energy, renowned for its prowess in developing large-scale hydrogen infrastructures globally, provides technical and financial acumen. This partnership reinforces HDF Energy’s commitment to Morocco, complementing its involvement in the Melhy project, a substantial underground hydrogen storage plant in collaboration with the Moroccan Storage Society (SOMAS).

The co-developers have initiated a fundraising process for the initial phase of the White Dunes project, aiming to expedite its progress. Construction is set to commence in 2025, with hydrogen production slated for 2028. The project aligns with Morocco’s commitment to green energy, supported by a favorable legal framework and incentives for investors, fostering a cleaner and sustainable future.

Damien Havard, Chairman and CEO of HDF Energy, expressed optimism about the collaboration, emphasizing its potential to produce globally competitive green hydrogen. Majid Slimani, Chairman and CEO of Falcon Capital Dakhla, acknowledged the visionary approach of Morocco’s King Mohammed 6, highlighting the project’s dedication to green energy and its pivotal role in shaping a sustainable future.

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