The PtX Development Fund has chosen a groundbreaking Moroccan project focused on green ammonia production, awarding it a substantial grant of 30 million euros (equivalent to 312 million dirhams). This non-repayable funding, provided by KGAL Investment Management and the German bank KfW, is set to propel the Jorf Hydrogen Platform forward. The initiative, spearheaded by the startup INNOVX Hydrojeel on behalf of the OCP Group, marks a significant stride in sustainable energy development. Out of 98 applications from seven different countries, this ambitious project stood out and will be executed at the industrial park of Jorf near El Jadida. By the end of 2026, it aims to produce 100,000 tonnes of green ammonia annually. The production process will rely on hydrogen generated from renewable energy sources, utilizing wind and solar power plants currently under construction. Initially, OCP plans to use the entire output for its green fertilizers, which are intended for the domestic market. Looking ahead, the group has set ambitious targets to boost production to one million tonnes by 2027 and three million tonnes by 2032. This expansion is part of a broader strategy to lessen Morocco's reliance on imported gray fertilizers. «Hydrojeel will implement cutting-edge methods, and the risks—whether related to development or to the buyer—have been largely minimized», explained Thomas Engelmann, director of the PtX Development Fund and head of energy transition at KGAL. The German Federal Ministry for Economic Cooperation and Development (BMZ) has allocated a budget of 270 million euros to the PtX Development Fund. This fund supports KfW's PtX platform, which is dedicated to advancing hydrogen projects in the Global South.
