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Falcon Capital Dakhla and HDF Energy Collaboration to Work on 8 GW Green Hydrogen Project

Last Updated on 20th November 2023

Moroccan-based Falcon Capital Dakhla collaborates with French hydrogen promoter HDF (Hydrogene de France) energy to develop an 8 GW green hydrogen production facility in Morocco. The initial investment in the massive proposal is estimated to be around USD 2 billion. The project, named White Dunes, is led by Falcon Capital. The project is expected to commence hydrogen production by 2028.   

 

Green Hydrogen

 

The company envisages the installation of electrolyzers in the Dakhla region of southern Morocco. These electrolyzers will be powered by 10 GW of wind and 7 GW of solar photovoltaic power. The complex will cover an area of 150,000 hectares. 

 

Key goals of the project:

 

  • Decarbonizing industries: Green hydrogen can be used to decarbonize various industries, such as power generation, transportation, and steelmaking. The project aims to reduce greenhouse gas emissions by up to 10 million tonnes per year.
  • Creating jobs: The project is expected to create thousands of jobs in Morocco, both directly and indirectly.
  • Promoting sustainable development: The project is aligned with both Morocco's and France's commitments to sustainable development and climate action.

 

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Green Hydrogen Projects in Africa

 

Damien Havard, CEO of HDF, stated that the collaboration between Falcon Capital Dakhla and HDF Energy will produce some of the world’s most competitive green hydrogen in Morocco. The project is part of Morocco's Green Generation Plan, a comprehensive strategy to develop renewable energy sources and reduce greenhouse gas emissions. Morocco aims to achieve a goal of sourcing at least 52% of its total power from renewables by 2030 and 80% by 2050. 

 

About Falcon Capital Dakhla

Falcon Capital Dakhla is a Moroccan investment firm focused on developing sustainable projects in the Dakhla region of Western Sahara. The company is a pioneer in the development of green hydrogen projects in Morocco and is aiming to establish Dakhla as a leading hub for green hydrogen production and export. 

 

Also Read More: Green Hydrogen News

 

About HDF Energy

HDF Energy is a global pioneer in hydrogen power. The company develops and operates high-capacity large-scale Hydrogen-to-Power infrastructure to provide firm or on-demand electricity from renewable energy sources (wind or solar), combined with power MultiMegawatt fuel cells.

 

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