OCP and Fortescue partner to develop green energy, hydrogen and ammonia in Morocco

April 11, 2024 |

In Morocco, OCP Group, a specialist in plant nutrition and phosphate-based fertilizers, and Fortescue Energy announced a landmark joint venture in the country. The partners said that this equal partnership aims to supply green hydrogen, ammonia, and fertilizers to Morocco, Europe, and international markets. It includes the potential development of manufacturing facilities and an R&D hub to advance the rapidly growing renewable energy industry in Morocco. Mostafa Terrab, Chairman and CEO of OCP Group, said: “Our strategic partnership with Fortescue is a testimony to our joint commitment to decarbonization, driving the development of cutting-edge facilities and delivering competitive renewable energy, products and technology.” Andrew Forrest, Fortescue Executive Chair and Founder said: “Together, Fortescue and OCP will build a world-leading and globally competitive platform to accompany Morocco’s journey into a green energy production, manufacturing, and industrial powerhouse.” “Morocco will be a major player in the global energy transition given it is home to some of the world’s most prospective wind and solar resources, two large coastlines, and is in close proximity to Europe and the Americas,” Forrest added.

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Category: Hydrogen

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