The PtX Development Fund has invested 30 million euros in Morocco’s green hydrogen sector, marking a significant step in the country’s ambition to become a leader in renewable energy. The grant was awarded to HydroJeel, a subsidiary of INNOVX, to support the development of the Jorf Hydrogen Platform, a project aimed at producing green ammonia. This initiative is backed by the German government and managed by KGAL Investment Management on behalf of KfW.
The official announcement took place at a signing ceremony attended by Amine Houssaim, CEO of HydroJeel and INNOVX, Thomas Engelmann, Managing Director of the PtX Fund, Robert Dölger, the German Ambassador to Morocco, and Janne Rajpar, Director of KfW Morocco. The Jorf Hydrogen Platform was selected from among 98 projects across seven countries, becoming the second project to receive support from the PtX Fund. This recognition highlights its strategic importance in advancing green hydrogen technology in Africa.
Developed by HydroJeel for the OCP Group, the Jorf Hydrogen Platform aims to produce 100,000 tons of green ammonia annually by the end of 2026. This aligns with OCP’s broader strategy to reach one million tons by 2027 and three million by 2032, a critical milestone in the decarbonization of fertilizer production. Green ammonia, derived from renewable hydrogen, plays a vital role in reducing industrial CO₂ emissions and supporting the global energy transition.
Beyond production, the project is expected to strengthen Morocco’s industrial capabilities in hydrogen and green ammonia, create skilled jobs, and develop new technological expertise. It will also foster strategic partnerships with international players and research institutions. Amine Houssaim emphasized that the grant is a testament to HydroJeel’s expertise and marks a major step forward in Morocco’s clean energy development. Thomas Engelmann highlighted the project’s robustness, noting that it meets international standards and incorporates rigorous risk management from design to commercialization. Florian Ziegler, Principal Portfolio Manager at KfW, stressed the importance of integrating social and environmental factors into the platform’s development.
Morocco’s favorable geographic conditions for renewable energy and its ambitious hydrogen strategy have made it an attractive destination for international investment. By aligning its goals with German cooperation efforts, the country is strengthening its position as a key player in the low-carbon energy sector. The PtX Fund’s support marks a crucial milestone in scaling up green hydrogen production and establishing the Jorf Hydrogen Platform as a benchmark for sustainable ammonia production.
