Bruno Le Maire, the French minister announced a project between IRESEN ( the French Solar Energy and New Energies Research Institute) and the SATT accelerator in Paris-Saclay to develop applied research and innovation in carbon-free hydrogen on the basis of a cooperation between France and Morocco. With a grant of 800,000 euros (from the Agence Française de Développement and the French Treasury), a call for innovative projects dedicated to the low-carbon hydrogen sector will be launched in the second half of 2024. The aim of this call for projects is to select, support and develop, over a period of 3 years, 2 to 3 innovative initiatives of excellence led by French-Moroccan teams to contribute to the transition towards a carbon-free economy.
The other announcement is a financial one. The AFD (French Development Agency) will be releasing a €350 million loan to OCP (Office Chérifien des Phosphate) so that it can massively invest in hydrogen, decarbonisation and green investment.
Read more on https://hydrogentoday.info/en/hydrogen-cooperation-france-morocco/