Close Menu
Energy NewsEnergy News
  • NEWS
    • Breaking News
    • Hydrogen
    • Energy Storage
    • Grid
    • SMR
    • Projects
    • Production
    • Transport
    • Research
  • SPOTLIGHT
    • Interviews
    • Face 2 Face
    • Podcast
    • Webinars
    • Analysis
    • Columnists
    • Reviews
    • Events
  • REGIONAL
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle east
    • Pacific
  • COMMUNITY
  • ABOUT
    • Advisory Board
    • Contact us
    • Report Your News
    • Advertize
    • Subscribe
LinkedIn X (Twitter) YouTube Facebook
Trending
  • TWO DAY MASTERCLASS ON: EXPLOITATION & COMMERCIALIZATION POTENTIAL OF NATURAL HYDROGEN
  • Fossil Fuel Giants Intensify Legal Battles Against Climate Policies Through ISDS System
  • Fortescue Reports Lowest Profit in Six Years, Adjusts Green Hydrogen Timelines Amid Market Pressures
  • Exide Strengthens European Footprint with High-Capacity BESS
  • UK Consortium Launches £500M Battery Storage Platform to Boost Grid Flexibility
  • Oman Positions Waste-to-Hydrogen as Cornerstone of Circular Economy Transition
  • Wärtsilä to Equip Wasaline’s Aurora Botnia with World’s Largest Marine Battery Hybrid System
  • India’s $92 Billion Bet on Green Hydrogen: Can Policy and Technology Deliver?
LinkedIn X (Twitter) YouTube Facebook
Energy NewsEnergy News
  • NEWS
    • Breaking News
    • Hydrogen
    • Energy Storage
    • Grid
    • SMR
    • Projects
    • Production
    • Transport
    • Research
  • SPOTLIGHT
    • Interviews
    • Face 2 Face
    • Podcast
    • Webinars
    • Analysis
    • Columnists
    • Reviews
    • Events
  • REGIONAL
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle east
    • Pacific
  • COMMUNITY
  • ABOUT
    • Advisory Board
    • Contact us
    • Report Your News
    • Advertize
    • Subscribe
Energy NewsEnergy News
Home Home - Projects
Green Hydrogen H2 News

Morocco’s OCP Invests $7B in Green Hydrogen-Powered Ammonia Factory

Arnes BiogradlijaBy Arnes Biogradlija21/06/20232 Mins Read
Share
LinkedIn Twitter Facebook Email WhatsApp Telegram

Morocco’s OCP, a state-owned chemical manufacturing group and one of the world’s largest producers of phosphates and fertilizers, has announced a significant move towards achieving its low-carbon objectives.

The company will invest $7 billion in constructing an ammonia factory powered by green hydrogen generated from renewable sources, signaling a key advancement in Morocco’s industrial plan to decrease energy imports.

Last year, the fallout from the conflict in Ukraine forced OCP to spend $2 billion on raw materials due to global cost increases. The geopolitical upheaval has inadvertently boosted OCP’s global significance, with its commitment to renewable energy playing a pivotal role.

In the wake of supply issues, OCP has agreed to import ammonia from North America this year. However, the company’s long-term strategy involves fortifying its local supply chain, a goal that includes the construction of a new facility in Tarfaya, southern Morocco. The decision to utilize hydrogen derived from electrolysis driven by solar and wind energy as a raw material for producing ammonia aligns with a $13 billion plan unveiled by OCP in December to transition to renewable energy.

Morocco has heavily invested in renewable energy, an initiative driven by the country’s abundance of undeveloped land, sunlight, wind, and coastline. Other motivations include the lack of domestic oil and gas resources and tense relations with its hydrocarbon-producing neighbor, Algeria.

A government-backed push for increased desalination is underway, aimed at assisting urban and agricultural sectors grappling with the impacts of prolonged drought. The country plans to augment renewable energy from 38% to 52% of installed power capacity by 2030. As part of this endeavor, OCP will launch a tendering process early next year to expand desalination capacity at Safi and Jorf Lasfar on the Atlantic. The company has pledged to exclusively use desalinated water for industrial activities by 2027.

The Tarfaya project includes a renewable energy-powered desalination plant with an annual capacity of 60 million cubic meters, which will service the industrial complexes.

In 2022, OCP reported revenues of $11.29 billion, a 40% increase from 2021, and a net profit of $4.9 billion, up 38%, largely thanks to higher prices. Although profits have dipped this year due to lower prices, OCP is optimistic about a recovery in the second half.

Share. LinkedIn Twitter Facebook Email

Related Posts

NATURAL HYDROGEN

TWO DAY MASTERCLASS ON: EXPLOITATION & COMMERCIALIZATION POTENTIAL OF NATURAL HYDROGEN

28/08/2025
Fossil Fuel

Fossil Fuel Giants Intensify Legal Battles Against Climate Policies Through ISDS System

28/08/2025
Fortescue Reports Lowest Profit in Six Years, Adjusts Green Hydrogen Timelines Amid Market Pressures

Fortescue Reports Lowest Profit in Six Years, Adjusts Green Hydrogen Timelines Amid Market Pressures

28/08/2025
Exide Strengthens European Footprint with High-Capacity BESS

Exide Strengthens European Footprint with High-Capacity BESS

28/08/2025
Batteries Lithium

UK Consortium Launches £500M Battery Storage Platform to Boost Grid Flexibility

28/08/2025
Oman

Oman Positions Waste-to-Hydrogen as Cornerstone of Circular Economy Transition

28/08/2025
NATURAL HYDROGEN

TWO DAY MASTERCLASS ON: EXPLOITATION & COMMERCIALIZATION POTENTIAL OF NATURAL HYDROGEN

28/08/2025
Fossil Fuel

Fossil Fuel Giants Intensify Legal Battles Against Climate Policies Through ISDS System

28/08/2025
Fortescue Reports Lowest Profit in Six Years, Adjusts Green Hydrogen Timelines Amid Market Pressures

Fortescue Reports Lowest Profit in Six Years, Adjusts Green Hydrogen Timelines Amid Market Pressures

28/08/2025
Exide Strengthens European Footprint with High-Capacity BESS

Exide Strengthens European Footprint with High-Capacity BESS

28/08/2025

Subscribe to Updates

Get the latest news from the hydrogen market subscribe to our newsletter.

LinkedIn X (Twitter) Facebook YouTube

News

  • Inteviews
  • Webinars
  • Hydrogen
  • Spotlight
  • Regional

Company

  • Advertising
  • Media Kits
  • Contact Info
  • GDPR Policy

Subscriptions

  • Subscribe
  • Newsletters
  • Sponsored News

Subscribe to Updates

Get the latest news from EnergyNewsBiz about hydrogen.

© 2025 EnergyNews.biz
  • Privacy Policy
  • Terms
  • Accessibility

Type above and press Enter to search. Press Esc to cancel.