Engie: signs partnership with OCP in Morocco

(CercleFinance.com) - The OCP Group and Engie have signed a strategic partnership aimed at accelerating the OCP Group's energy transition and actively contributing to that of the Kingdom of Morocco.


This Joint Development Agreement (JDA) represents a major step towards the launch of several ambitious projects in renewable energy, energy storage, green hydrogen and ammonia, electricity infrastructure and sustainable desalination, as well as the deployment of a Research & Innovation (R&I) agenda around these themes, the group says.

The JDA aims primarily to co-develop and manage four industrial projects: the development of electricity production capacity from renewable sources, the creation of intra-site electrical infrastructures linked to these new renewable energy sources, the development of green ammonia production capacity and the development of water desalination capacity.

The JDA also envisages the potential creation of a joint venture between OCP Group and Engie.

Together, we will contribute to the development of low-carbon energy solutions, while consolidating the local industrial ecosystem. This collaboration will position our two groups as major players in the decarbonization of the Kingdom and strengthen Engie's presence in Morocco, Engie adds.


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