The Mauritanian government has signed an agreement with CWP Global, an Australian renewable energy development company, to build a green hydrogen production plant with a capacity of 30 GW.
The MoU paves the way for the start of development work on what will be the world’s largest renewable energy project, with the goal of exporting green hydrogen and its derivatives to global markets, according to the Mauritanian Ministry of Oil, which signed the agreement with the company. It went on to say that the new project, dubbed “Aman,” spans 8,500 square kilometers and is located in the country’s north.
“This project will cost billions of dollars and take years to complete, but it will change the face of Mauritania economically and open many doors,” said Abdel Salam Ould Mohamed Saleh, Minister of Petroleum, Energy, and Minerals.
CWP Founder and Chairman Mark Crandall, for one, stated that the project will have a significant impact on the Mauritanian economy, generating billions of dollars in revenue, providing affordable electricity and water, and stimulating the economy.
“This project will require billions of dollars and a lot of painstaking work, but it will change the face of Mauritania economically and will open many horizons,” said Minister of Petroleum, Energy and Minerals Abdel Salam Ould Mohamed Saleh.