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According to offshore energy news on June 14, the International Renewable Energy Agency (IRENA) and the Moroccan government have agreed to work closely to promote a green hydrogen economy in order to accelerate the energy transition
.
The strategic agreement was signed with IRENA, and Morocco aims to become a major green hydrogen producer and exporter
.
According to the agreement, the two parties will actively carry out green hydrogen research and explore policy tools to allow the private sector to participate in the green hydrogen economy at the national level
.
The two parties will jointly carry out research on technology and market prospects, create a hydrogen energy public-private partnership model, explore the development of new hydrogen energy value chains, and lay the foundation for green hydrogen energy transactions
.
IRENA and Morocco will work together to strengthen the country's policy and regulatory framework for renewable energy deployment and energy applications
.
The two parties will promote renewable energy investment through the development of a solid project pipeline under the framework of the Sustainable Energy Access Alliance Initiative and the Climate Investment Platform (CIP)
Earlier this year, Morocco and the European Commission jointly promoted IRENA's green hydrogen cooperation framework to meet the challenges of developing infrastructure, technology and certification, and lay the foundation for green hydrogen
According to IRENA data, at the end of 2020, the total installed capacity of renewable energy in the Kingdom of Morocco is close to 3.